42204 Sultan AvePalm DesertCA92211
Nearby investment properties with comparable rents
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 42204 Sultan Ave, Palm Desert, CA, 92211 listed at $439,000 pairs $4,382/mo rent with a $2,149/mo payment to leave $1,666/mo cash flow. Total monthly income runs $4,382/mo, and annual cash flow reaches $19,991/yr on $145,529 cash to close. Return on cash invested measures 33.65% in year one, and rental yield registers 11.98% at a $439,000 basis. Equity gained on principal adds $2,833/yr, and annual property appreciation at 5% supports $121,288 by year five. Five-year ROI tracks 176.48% and total cumulative return in cash totals $256,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,382/mo property income relative to a $2,149/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rae Crogan • Equity Union
Mls Name: CRMLS
Mls ID: #219139324DA