42492 Palisades DrIndioCA92203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 42492 Palisades Dr, Indio, CA, 92203 in Indio: $7,200/mo in rent, $3,747/mo net, 16.43% gross yield, all on a $525,900 acquisition. The 3.04 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $145,296 in value, and $4,844/yr in principal paydown steadily builds equity. Projected total cumulative return: $441,372.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.4% | 5.5% |
| Monthly Cash Flow | $3,747 | $1,250 |
City averages based on Indio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,200 |
| Total Monthly Debt Service | $3,244 |
| DSCR Ratio | 2.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
5,732 sqft lot
$N/A/sqft
$200 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
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
Single Family
Built in 2024
5,732 sqft lot
$N/A/sqft
$200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices