505 E Molino RdPalm SpringsCA92262
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 Palm Springs at 505 E Molino Rd, Palm Springs, CA, 92262 at $924,900 posts ROI 22.25% with $554/mo cash flow from $6,276/mo rent. Total monthly income equals $6,276/mo, and annual cash flow records $6,652/yr on $304,292 to close. Return on cash invested measures 22.25% and rental yield reads 8.14% at the current $924,900. Equity gained on principal adds $5,968/yr, and 5% annual appreciation supports $255,533 by year five. Five-year ROI prints 115.34% and total cumulative return in cash totals $350,981.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.25 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
14,634
Multi-Family
1,297
Businesses
1,444
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Listed by: Evan Badt • EB Investments
Mls Name: CLAW
Mls ID: #25608137PS