46335 Burroweed LnPalm 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 46335 Burroweed Ln, Palm Desert, CA, 92260 offers a 8.23% rental yield on a $769,900 purchase with $5,282/mo rent. Total monthly income registers $5,282/mo, and a $3,768/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,234/yr on $253,297 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $4,968/yr while 5% annual appreciation supports $212,709 over five years. Portfolio math shows five-year ROI at 116.81% and total cumulative return in cash at $295,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,282/mo property income against a $3,768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
3,049 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: Candice Johnston • Rosenthal & Associates
Mls Name: CRMLS
Mls ID: #219139263DA