500 E Amado Rd UNIT 516, Palm Springs, CA, 92262 | $61/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Springs at 500 E Amado Rd UNIT 516, Palm Springs, CA, 92262 listed at $339,000 pairs $2,686/mo rent with a $1,659/mo payment to leave $61/mo cash flow. Total monthly income runs $2,686/mo, and annual cash flow reaches $737/yr on $112,379 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 9.51% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 108.41% and total cumulative return in cash totals $121,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,686/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1986

N/A lot

$N/A/sqft

$515 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 92262, Palm Springs, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,725 (100%)
Owner Occupied HU	8,475 (43.0%)
Renter Occupied HU	6,025 (30.5%)
Vacant Housing Units	5,225 (26.5%)
Median Home Value	$778,535
Average Home Value	$846,527