38348 Zinnia LnPalm DesertCA92211
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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 Palm Desert at 38348 Zinnia Ln, Palm Desert, CA, 92211 generates $6,271/mo in rent and, after a $4,283/mo payment, leaves $858/mo in cash flow. Total monthly income is $6,271/mo, and annual cash flow is $10,293/yr on $287,875 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 8.6% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash sums $353,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,271/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
N/A 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
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Listed by: Steven M Stefani • Equity Union
Mls Name: Greater Palm Springs Realtors
Mls ID: #219141724