44079 Elba 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 44079 Elba Ct, Palm Desert, CA, 92260 listed at $565,000 pairs $5,626/mo rent with a $2,765/mo payment to leave $2,131/mo cash flow. Total monthly income runs $5,626/mo, and annual cash flow reaches $25,574/yr on $185,885 cash to close. Return on cash invested measures 33.82% in year one, and rental yield registers 11.95% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 177.41% and total cumulative return in cash totals $329,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,626/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Sarah Stewart • Century 21 Affiliated Fine Homes & Estates
Mls Name: CRMLS
Mls ID: #219139294DA