49809 Bates StIndioCA92201
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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 Indio at 49809 Bates St, Indio, CA, 92201 with 5% annual appreciation on a $579,000 basis while $7,039/mo rent supports operations. Total monthly income totals $7,039/mo and a $2,834/mo payment preserves $2,957/mo for cash returns. Annual cash flow comes to $35,487/yr on $190,491 deployed, and return on cash invested reaches 38.69% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 14.59%. Five-year ROI measures 204.66% and total cumulative return in cash totals $389,863.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,039/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
7,841 sqft lot
$N/A/sqft
$330 monthly 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: Ron Bone • Coldwell Banker Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #219116063DA
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information