41550 Palmetto LnPalm 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
Rental property for sale in Palm Desert at 41550 Palmetto Ln, Palm Desert, CA, 92211 priced at $429,900 converts $3,547/mo rent into $888/mo cash flow after a $2,104/mo obligation. Total monthly income equals $3,547/mo, and annual cash flow totals $10,653/yr on $142,512 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 9.9% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 142.92% and total cumulative return in cash sums $203,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,547/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A 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: Keith Nelson • The Nelson Group
Mls Name: CLAW
Mls ID: #25608305PS