49189 Russell LnIndioCA92201
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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
Rental property for sale in Indio at 49189 Russell Ln, Indio, CA, 92201 generates $3,313/mo in rent and, after a $1,659/mo payment, leaves $1,216/mo in cash flow. Total monthly income is $3,313/mo, and annual cash flow is $14,593/yr on $112,379 invested. Return on cash invested sits at 32.89% in year one, and rental yield is 11.73% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 172.51% and total cumulative return in cash sums $193,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,313/mo property income rather than buyer’s personal income.
Condo
Built in 1984
4,792 sqft 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: Sandy Smith • Desert Sands Realty
Mls Name: CRMLS
Mls ID: #219137328DA