42475 Adams St #9IndioCA92203
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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 Indio at 42475 Adams St #9, Indio, CA, 92203 offers a 5.8% rental yield on a $517,000 purchase with $2,498/mo rent. 38% in year one. Equity gained on principal adds $3,336/yr while 5% annual appreciation supports $142,838 over five years. Portfolio math shows five-year ROI at 48.45% and total cumulative return in cash at $82,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,498/mo property income against a $2,530/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1961
N/A lot
$N/A/sqft
$814 monthly 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
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Listed by: Diane Flaherty • Windermere Real Estate
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219127895
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.