43120 Texas AvePalm DesertCA92211
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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 Palm Desert at 43120 Texas Ave, Palm Desert, CA, 92211 priced at $469,000 converts $4,536/mo rent into $1,634/mo cash flow after a $2,296/mo obligation. Total monthly income equals $4,536/mo, and annual cash flow totals $19,610/yr on $155,474 invested. Return on cash invested prints 32.52% in year one, and rental yield reads 11.61% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 170.5% and total cumulative return in cash sums $265,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,536/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
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Listed by: Carlos Ortega • C 21 Coachella Valley RE
Mls Name: CRMLS
Mls ID: #219137973DA