54229 OakhillLa QuintaCA92253
Nearby investment properties with comparable rents
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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 54229 Oakhill, La Quinta, CA, 92253 earns $756/mo cash flow from $4,622/mo rent with a $3,059/mo payment. Total monthly income totals $4,622/mo, and annual cash flow totals $9,068/yr on $205,625 capital. ROI tracks 24.47% on current figures, and rental yield reads 8.87% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 127.26% and total cumulative return in cash sums $261,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,622/mo property income instead of your personal income.
Condo
Built in 1986
1,742 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: Dunne and Jennings Real Est... • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #219137825DA