38487 Gazania CirPalm 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
Investment property for sale in Palm Desert at 38487 Gazania Cir, Palm Desert, CA, 92211 earns $1,267/mo cash flow from $6,185/mo rent with a $3,891/mo payment. Total monthly income totals $6,185/mo, and annual cash flow totals $15,205/yr on $261,561 capital. ROI tracks 25.87% on current figures, and rental yield reads 9.34% at a $795,018 purchase. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,649 over five years. Five-year ROI reaches 134.8% and total cumulative return in cash sums $352,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,185/mo property income instead of your personal income.
Condo
Built in 1990
2,077 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
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Listed by: Tamara Baron • Desert Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #219138161DA