353 Andorra WayCathedral CityCA92234
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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
Rental property for sale in Cathedral City at 353 Andorra Way, Cathedral City, CA, 92234 priced at $185,000 pairs $1,431/mo rent with $287/mo cash flow after a $905/mo payment. Total monthly income equals $1,431/mo, and annual cash flow comes to $3,444/yr on $61,328 invested. Return on cash invested is 25.53% in year one, and rental yield stands at 9.28% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 133.04% and total cumulative return in cash reaches $81,591. For financing, Ziffy Mortgage’s DSCR program evaluates $1,431/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1975
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92234, Cathedral City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,545 (100%) |
| Owner Occupied HU | 12,100 (51.4%) |
| Renter Occupied HU | 6,816 (28.9%) |
| Vacant Housing Units | 4,629 (19.7%) |
| Median Home Value | $574,412 |
| Average Home Value | $608,642 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
18,885
Multi-Family
1,571
Businesses
990
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Listed by: Victor Minetti • Berkshire Hathaway Home Services California Properties
Mls Name: CLAW
Mls ID: #26632017PS