51523 Longmeadow StIndioCA92201
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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 Indio at 51523 Longmeadow St, Indio, CA, 92201 uses $269,451 cash to close to unlock $1,021/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $5,152/mo, and a $4,009/mo payment keeps the spread at $85/mo. Purchase price stands at $819,000, and rental yield measures 7.55% with $5,152/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $226,275 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash records $284,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,152/mo property income covering a $4,009/mo payment rather than investor’s personal income.
Single Family
Built in 2016
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92201, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,307 (100%) |
| Owner Occupied HU | 12,137 (48.0%) |
| Renter Occupied HU | 9,279 (36.7%) |
| Vacant Housing Units | 3,891 (15.4%) |
| Median Home Value | $480,178 |
| Average Home Value | $519,362 |
Housing Distribution
Address Breakdown
Residential
21,120
Single Family
18,242
Multi-Family
2,878
Businesses
1,326
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Listed by: Michael Fogarty • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219141243DA