49305 Highway 74 SPACE 70Palm DesertCA92260
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 Palm Desert at 49305 Highway 74 SPACE 70, Palm Desert, CA, 92260 uses $85,328 cash to close to unlock $2,538/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,804/mo, and a $1,260/mo payment keeps the spread at $212/mo. Purchase price stands at $257,400, and rental yield measures 8.41% with $1,804/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $71,115 over five years. Five-year ROI reaches 118.8% and total cumulative return in cash records $101,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,804/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert La Bianca • HomeSmart
Mls Name: CRMLS
Mls ID: #219133170DA