40655 La Costa Cir EPalm 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 40655 La Costa Cir E, Palm Desert, CA, 92211 listed at $324,500 pairs $2,618/mo rent with a $1,588/mo payment to leave $611/mo cash flow. Total monthly income runs $2,618/mo, and annual cash flow reaches $7,330/yr on $107,572 cash to close. Return on cash invested measures 26.72% in year one, and rental yield registers 9.68% at a $324,500 basis. Equity gained on principal adds $2,094/yr, and annual property appreciation at 5% supports $89,653 by year five. Five-year ROI tracks 139.37% and total cumulative return in cash totals $149,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,618/mo property income relative to a $1,588/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1,742 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: Marlene Ruttenberg • Desert Properties Realtors
Mls Name: CRMLS
Mls ID: #219139261DA