50660 Santa Rosa Plz APT 5La QuintaCA92253
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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 La Quinta at 50660 Santa Rosa Plz APT 5, La Quinta, CA, 92253 generates $2,486/mo in rent and, after a $1,640/mo payment, leaves $413/mo in cash flow. Total monthly income is $2,486/mo, and annual cash flow is $4,959/yr on $111,053 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 8.91% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 126.81% and total cumulative return in cash sums $140,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,486/mo property income rather than buyer’s personal income.
Condo
Built in 2004
830 sqft 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: Brittany Read • Equity Union
Mls Name: CRMLS
Mls ID: #219131075DA