48613 Calle EsperanzaLa QuintaCA92253
Nearby investment properties with comparable rents
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
Investment property for sale in La Quinta at 48613 Calle Esperanza, La Quinta, CA, 92253 listed at $459,990 pairs $2,883/mo rent with a $2,251/mo payment to leave $38/mo cash flow. Total monthly income runs $2,883/mo, and annual cash flow reaches $454/yr on $152,487 cash to close. Return on cash invested measures 20.21% in year one, and rental yield registers 7.52% at a $459,990 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,087 by year five. Five-year ROI tracks 104.42% and total cumulative return in cash totals $159,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,883/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Jay • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219135042DA