42520 Caracas PlIndioCA92203
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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 42520 Caracas Pl, Indio, CA, 92203 earns $781/mo cash flow from $6,558/mo rent with a $4,405/mo payment. Total monthly income totals $6,558/mo, and annual cash flow totals $9,366/yr on $296,100 capital. ROI tracks 23.22% on current figures, and rental yield reads 8.74% at a $900,000 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 120.89% and total cumulative return in cash sums $357,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,558/mo property income instead of your personal income.
Single Family
Built in 1962
N/A lot
$N/A/sqft
$210 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: The Balog Group • Compass
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219128815
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.