46185 State Highway 74 #23Palm 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 46185 State Highway 74 #23, Palm Desert, CA, 92260 listed at $335,000 pairs $2,759/mo rent with a $1,640/mo payment to leave $686/mo cash flow. Total monthly income runs $2,759/mo, and annual cash flow reaches $8,235/yr on $111,053 cash to close. Return on cash invested measures 27.32% in year one, and rental yield registers 9.88% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 142.64% and total cumulative return in cash totals $158,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,759/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1960
4.18 Acres 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: Tyler Hauer-Salhus • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219140198DA