48420 Via SolanaLa QuintaCA92253
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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 La Quinta at 48420 Via Solana, La Quinta, CA, 92253 offers a 9.22% rental yield on a $875,000 purchase with $6,721/mo rent. Total monthly income registers $6,721/mo, and a $4,283/mo payment leaves $1,308/mo available for distribution. Annual cash flow reaches $15,693/yr on $287,875 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 132.85% and total cumulative return in cash at $382,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,721/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92253, La Quinta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,388 (100%) |
| Owner Occupied HU | 11,982 (49.1%) |
| Renter Occupied HU | 4,101 (16.8%) |
| Vacant Housing Units | 8,305 (34.1%) |
| Median Home Value | $718,724 |
| Average Home Value | $832,590 |
Housing Distribution
Address Breakdown
Residential
21,080
Single Family
18,511
Multi-Family
2,569
Businesses
658
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Listed by: Jennifer Agnew • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #219139384DA