39859 Corte VeladoIndioCA92203
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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 Indio at 39859 Corte Velado, Indio, CA, 92203 earns $533/mo cash flow from $2,976/mo rent with a $1,933/mo payment. Total monthly income totals $2,976/mo, and annual cash flow totals $6,393/yr on $130,943 capital. ROI tracks 24.79% on current figures, and rental yield reads 9.04% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 129.02% and total cumulative return in cash sums $168,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,976/mo property income instead of your personal income.
Single Family
Built in 2010
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92203, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,943 (100%) |
| Owner Occupied HU | 9,836 (61.7%) |
| Renter Occupied HU | 2,940 (18.4%) |
| Vacant Housing Units | 3,167 (19.9%) |
| Median Home Value | $603,860 |
| Average Home Value | $625,172 |
Housing Distribution
Address Breakdown
Residential
14,828
Single Family
13,720
Multi-Family
1,108
Businesses
379
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Listed by: Nyla Patzner • Desert Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #219135431DA