49751 Oates Ln #C24CoachellaCA92236
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 49751 Oates Ln #C24, Coachella, CA, 92236 in Coachella at $222,500 earns $1,500/mo in rent and nets $124/mo after the $1,001/mo payment, a 8.09% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $61,473 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,049/yr in principal paydown, total projected return reaches $92,359.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $124 | $300 |
City averages based on Coachella market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,288 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92236, Coachella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,072 (100%) |
| Owner Occupied HU | 6,946 (62.7%) |
| Renter Occupied HU | 3,765 (34.0%) |
| Vacant Housing Units | 361 ( 3.3%) |
| Median Home Value | $352,073 |
| Average Home Value | $410,030 |
Housing Distribution
Address Breakdown
Residential
10,103
Single Family
9,186
Multi-Family
917
Businesses
543
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
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92236, Coachella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,072 (100%) |
| Owner Occupied HU | 6,946 (62.7%) |
| Renter Occupied HU | 3,765 (34.0%) |
| Vacant Housing Units | 361 ( 3.3%) |
| Median Home Value | $352,073 |
| Average Home Value | $410,030 |
Housing Distribution
Address Breakdown
Residential
10,103
Single Family
9,186
Multi-Family
917
Businesses
543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Signe Beck • Keller Williams Luxury Homes
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219117441
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.