48608 Vista TierraLa QuintaCA92253
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Nearby investment properties with comparable prices
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
Rental property for sale in La Quinta at 48608 Vista Tierra, La Quinta, CA, 92253 offers $2,674/mo rent that, after a $2,056/mo payment, leaves $76/mo cash flow. Total monthly income is $2,674/mo, and annual cash flow is $906/yr on $139,230 cash. Return on cash invested measures 20.56% in year one, and rental yield stands at 7.64% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 106.34% and total cumulative return in cash reaches $148,051. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,674/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5,227 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: Sylvia Gaffney • Desert Sands Realty
Mls Name: CRMLS
Mls ID: #219139364DA