38118 Zinnia Ln, Palm Desert, CA, 92211 | $1,415/mo Cash Flow

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38118 Zinnia Ln, Palm Desert, CA, 92211 | $1,415/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Desert at 38118 Zinnia Ln, Palm Desert, CA, 92211 listed at $489,000 pairs $4,440/mo rent with a $2,393/mo payment to leave $1,415/mo cash flow. Total monthly income runs $4,440/mo, and annual cash flow reaches $16,984/yr on $162,104 cash to close. Return on cash invested measures 30.39% in year one, and rental yield registers 10.9% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 159.03% and total cumulative return in cash totals $257,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,440/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to one of the most spectacular views in Palm Valley Country Club.Slightly elevated and perfectly positioned, this home looks out over the lush golf course, majestic mountain backdrop, and endlessly changing desert skies -- a view you'll never tire of and one you simply can't replicate. A soothing water fountain enhances the serene, Zen-like atmosphere, while the covered patio offers the perfect place to relax, entertain, or simply take it all in. This desirable Palm floor plan features over 1,500 square feet of living space and includes two bedrooms, two bathrooms, and a bright morning room -- which could easily be enclosed to create a third bedroom, home office, or den if desired. Portions of the home were remodeled a few years ago, yet it still offers the wonderful opportunity to add your own personal touches. With a view this special, the possibilities are endless, and the backdrop is already perfection.Palm Valley Country Club offers true resort-style living with two golf courses, one championship course and one challenge course. A state-of-the-art fitness center, restaurants, and a warm, welcoming community. Come experience relaxed desert living at its finest -- this is a view you truly have to see to believe.

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