54885 Inverness 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 54885 Inverness Way, La Quinta, CA, 92253 offers a 4.25% rental yield on a $1,375,000 purchase with $4,870/mo rent. 58% in year one. Equity gained on principal adds $8,873/yr while 5% annual appreciation supports $379,887 over five years. Portfolio math shows five-year ROI at 52.68% and total cumulative return in cash at $234,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,870/mo property income against a $6,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
3,485 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: Sandi Phillips and Asso... • Compass
Mls Name: CRMLS
Mls ID: #219138256DA