34521 Mesquite Tree DrThousand PalmsCA92276
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Thousand Palms at 34521 Mesquite Tree Dr, Thousand Palms, CA, 92276 offers a 7.71% rental yield on a $397,500 purchase with $2,554/mo rent. Total monthly income registers $2,554/mo, and a $1,946/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,135/yr on $131,771 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $2,565/yr while 5% annual appreciation supports $109,822 over five years. Portfolio math shows five-year ROI at 107.47% and total cumulative return in cash at $141,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,554/mo property income against a $1,946/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92276, Thousand Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,724 (100%) |
| Owner Occupied HU | 2,144 (57.6%) |
| Renter Occupied HU | 721 (19.4%) |
| Vacant Housing Units | 859 (23.1%) |
| Median Home Value | $258,036 |
| Average Home Value | $312,063 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,381
Multi-Family
80
Businesses
267
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Nearby investment properties with comparable prices
Listed by: Carl Taft • Thunderbird Realty
Mls Name: CRMLS
Mls ID: #219135086DA