49840 Avenida CortezCoachellaCA92236
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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 Coachella at 49840 Avenida Cortez, Coachella, CA, 92236 generates $2,650/mo in rent and, after a $1,904/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,650/mo, and annual cash flow is $2,922/yr on $128,954 invested. Return on cash invested sits at 22.18% in year one, and rental yield is 8.17% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 115% and total cumulative return in cash sums $148,302. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
4,356 sqft 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
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Listed by: Veronica Mendoza • Desert Sands Realty
Mls Name: CRMLS
Mls ID: #219140689DA