48255 Monroe St APT 43IndioCA92201
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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 Indio at 48255 Monroe St APT 43, Indio, CA, 92201 offers a 11.07% rental yield on a $249,000 purchase with $2,297/mo rent. Total monthly income registers $2,297/mo, and a $1,219/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,076/yr on $82,544 to close, and return on cash invested stands at 30.9% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 161.84% and total cumulative return in cash at $133,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,297/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92201, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,307 (100%) |
| Owner Occupied HU | 12,137 (48.0%) |
| Renter Occupied HU | 9,279 (36.7%) |
| Vacant Housing Units | 3,891 (15.4%) |
| Median Home Value | $480,178 |
| Average Home Value | $519,362 |
Housing Distribution
Address Breakdown
Residential
21,120
Single Family
18,242
Multi-Family
2,878
Businesses
1,326
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Listed by: Maggie Hickman • HomeSmart
Mls Name: CRMLS
Mls ID: #219135198DA