44059 Chamonix CtPalm DesertCA92260
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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 Palm Desert at 44059 Chamonix Ct, Palm Desert, CA, 92260 offers a 11.79% rental yield on a $599,000 purchase with $5,885/mo rent. Total monthly income registers $5,885/mo, and a $2,932/mo payment leaves $2,179/mo available for distribution. Annual cash flow reaches $26,151/yr on $197,071 to close, and return on cash invested stands at 33.33% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 174.79% and total cumulative return in cash at $344,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,885/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,760 (100%) |
| Owner Occupied HU | 9,676 (44.5%) |
| Renter Occupied HU | 5,739 (26.4%) |
| Vacant Housing Units | 6,345 (29.2%) |
| Median Home Value | $637,429 |
| Average Home Value | $680,264 |
Housing Distribution
Address Breakdown
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
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Listed by: Rob Lewallen • Robert Lewallen, Broker
Mls Name: CRMLS
Mls ID: #219138203DA