








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Palm Springs at 335 Patel Pl, Palm Springs, CA, 92264 projects strong ROI of 6.17%. Rental yield 3.16%. With 5% annual appreciation, the property builds $925,543 in value over five years. Equity growth combined delivers a projected five-year ROI of 29.43%, translating into $319,416 in total cumulative return on $1,085,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $3,350,000 |
| 2021-10-04 | Sold | $2,600,000 |
| 2021-09-01 | Pending sale | $2,595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $33660.84 | -1.86% | $2,705,040 | 2.00% |
| 2023-04-07 | $34300.24 | -0.13% | $2,652,000 | 2.00% |
| 2022-04-07 | $34343.18 | 56.49% | $2,600,000 | 45.77% |



Listed by: Randy Isaacs Tom Scrocco Team • Douglas Elliman of California, Inc.
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219128009
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.