49305 Highway 74 SPACE 49Palm DesertCA92260
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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 Palm Desert at 49305 Highway 74 SPACE 49, Palm Desert, CA, 92260 listed at $349,900 pairs $2,467/mo rent with a $1,713/mo payment to leave $302/mo cash flow. Total monthly income runs $2,467/mo, and annual cash flow reaches $3,624/yr on $115,992 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.46% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 119.63% and total cumulative return in cash totals $138,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,467/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
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Listed by: Robert La Bianca • HomeSmart
Mls Name: CRMLS
Mls ID: #219133168DA