38560 Desert Greens Dr, Palm Desert, CA, 92260 | $1,019/mo Cash Flow

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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

Rental property for sale in Palm Desert at 38560 Desert Greens Dr, Palm Desert, CA, 92260 offers $2,136/mo rent that, after a $489/mo payment, leaves $1,019/mo cash flow. Total monthly income is $2,136/mo, and annual cash flow is $12,229/yr on $33,150 cash. Return on cash invested measures 56.8% in year one, and rental yield stands at 25.63% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 307.34% and total cumulative return in cash reaches $101,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,136/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1975

4,356 sqft lot

$N/A/sqft

$400 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,760 (100%)
Owner Occupied HU	9,676 (44.5%)
Renter Occupied HU	5,739 (26.4%)
Vacant Housing Units	6,345 (29.2%)
Median Home Value	$637,429
Average Home Value	$680,264