407 Cypress Point DrPalm DesertCA92211
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Nearby investment properties with comparable prices
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 407 Cypress Point Dr, Palm Desert, CA, 92211 at $749,000 posts ROI 22.85% with $573/mo cash flow from $5,206/mo rent. Total monthly income equals $5,206/mo, and annual cash flow records $6,870/yr on $246,421 to close. Return on cash invested measures 22.85% and rental yield reads 8.34% at the current $749,000. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 by year five. Five-year ROI prints 118.57% and total cumulative return in cash totals $292,180.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,206/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.25 Acres 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: Michelle Gareis • Showcase Homes, Inc.
Mls Name: CRMLS
Mls ID: #219135847DA