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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palm Springs at 348 Huddle Springs Way, Palm Springs, CA, 92264 offers $8,448/mo rent that, after a $4,894/mo payment, leaves $1,813/mo cash flow. Total monthly income is $8,448/mo, and annual cash flow is $21,762/yr on $328,967 cash. Return on cash invested measures 26.68% in year one, and rental yield stands at 10.14% at a $999,900 entry. Equity gained on principal adds $6,452/yr while 5% annual appreciation compounds into $276,254 by year five. Five-year ROI records 139.68% and total cumulative return in cash reaches $459,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,448/mo property income versus a $4,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
$449 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 |
|---|---|---|
| 2024-06-17 | Price change | $999,900 |
| 2024-05-04 | Listed for sale | $1,049,900 |
| 2022-06-20 | Sold | $969,376 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carlos Elizalde • Real Broker
Mls Name: CRMLS
Mls Provider:
Mls ID: #PW24089399
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
