51165 Evangeline WayLa 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
Investment property for sale in La Quinta at 51165 Evangeline Way, La Quinta, CA, 92253 projects strong ROI of 7.04%. Rental yield 3.11%. With 5% annual appreciation, the property builds $994,586 in value over five years. Equity growth combined delivers a projected five-year ROI of 33.74%, translating into $393,567 in total cumulative return on $1,166,368 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2015
0.68 Acres 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: Con Kolytiris • Rennie Group
Mls Name: CRMLS
Mls ID: #219140814DA