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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palm Desert at 48849 Cassia Pl, Palm Desert, CA, 92260 generates $4,037/mo in rent and, after a $3,010/mo payment, leaves $233/mo in cash flow. Total monthly income is $4,037/mo, and annual cash flow is $2,791/yr on $202,335 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 7.88% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 111.02% and total cumulative return in cash sums $224,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,037/mo property income rather than buyer’s personal income.
Condo
Built in 1978
3,861 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
| 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 |
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marilyn Ford • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219136544DA
