35983 Paseo Circulo ECathedral CityCA92234
Nearby investment properties with comparable rents
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 Cathedral City at 35983 Paseo Circulo E, Cathedral City, CA, 92234 at $594,500 posts ROI 20.74% with $110/mo cash flow from $3,788/mo rent. Total monthly income equals $3,788/mo, and annual cash flow records $1,321/yr on $195,591 to close. Return on cash invested measures 20.74% and rental yield reads 7.65% at the current $594,500. Equity gained on principal adds $3,836/yr, and 5% annual appreciation supports $164,249 by year five. Five-year ROI prints 107.26% and total cumulative return in cash totals $209,797.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1981
3,049 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: Justin Berry • Caritas Realty
Mls Name: CRMLS
Mls ID: #219135066PS