42861 Beato CtIndioCA92203
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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
Rental property for sale in Indio at 42861 Beato Ct, Indio, CA, 92203 generates $4,937/mo in rent, after a $4,890/mo payment. Total monthly income is $4,937/mo. Return on cash invested sits at 11.51% in year one, and rental yield is 5.93% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 59.23% and total cumulative return in cash sums $194,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,937/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
$300 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: Nyla Patzner • Desert Sotheby's International Realty
Mls Name: Greater Palm Springs Realtors
Mls Provider:
Mls ID: #219128440
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.