371 Muirfield DrPalm DesertCA92211
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 Palm Desert at 371 Muirfield Dr, Palm Desert, CA, 92211 with 5% annual appreciation on a $539,900 basis while $4,237/mo rent supports operations. Total monthly income totals $4,237/mo and a $2,643/mo payment preserves $897/mo for cash returns. Annual cash flow comes to $10,760/yr on $177,627 deployed, and return on cash invested reaches 26.12% in year one. Equity gained on principal adds $3,484/yr, and five-year appreciation sums $149,164 alongside rental yield of 9.42%. Five-year ROI measures 136.1% and total cumulative return in cash totals $241,759.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,237/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
4,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francesca Vacatello • Showcase Homes, Inc.
Mls Name: CRMLS
Mls ID: #219132704DA