49940 W Mission DrLa QuintaCA92253
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 La Quinta at 49940 W Mission Dr, La Quinta, CA, 92253 listed at $1,685,000 pairs $5,364/mo rent with a $8,247/mo payment. Total monthly income runs $5,364/mo. Return on cash invested measures 9.25% in year one, and rental yield registers 3.82% at a $1,685,000 basis. Equity gained on principal adds $10,873/yr, and annual property appreciation at 5% supports $465,534 by year five. Five-year ROI tracks 45.57% and total cumulative return in cash totals $248,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,364/mo property income relative to a $8,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92253, La Quinta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,388 (100%) |
| Owner Occupied HU | 11,982 (49.1%) |
| Renter Occupied HU | 4,101 (16.8%) |
| Vacant Housing Units | 8,305 (34.1%) |
| Median Home Value | $718,724 |
| Average Home Value | $832,590 |
Housing Distribution
Address Breakdown
Residential
21,080
Single Family
18,511
Multi-Family
2,569
Businesses
658
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Listed by: Kimberly Oleson • Coldwell Banker Realty
Mls Name: Greater Palm Springs Realtors
Mls ID: #219136606