42270 Adams StIndioCA92203
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 Indio at 42270 Adams St, Indio, CA, 92203 offers a 9.4% rental yield on a $549,999 purchase with $4,308/mo rent. Total monthly income registers $4,308/mo, and a $2,692/mo payment leaves $906/mo available for distribution. Annual cash flow reaches $10,867/yr on $180,950 to close, and return on cash invested stands at 26.07% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 135.83% and total cumulative return in cash at $245,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,308/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Canavan Coit and Associates • Compass
Mls Name: CRMLS
Mls ID: #219134593DA