55005 FirestoneLa QuintaCA92253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 55005 Firestone, La Quinta, CA, 92253 earns $2,159/mo cash flow from $7,572/mo rent with a $4,283/mo payment. Total monthly income totals $7,572/mo, and annual cash flow totals $25,905/yr on $287,875 capital. ROI tracks 29.06% on current figures, and rental yield reads 10.38% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 151.87% and total cumulative return in cash sums $437,183. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,572/mo property income instead of your personal income.
Condo
Built in 1989
3,049 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: Anne Stark • Berkshire Hathaway HomeServices California Properties
Mls Name: CRMLS
Mls ID: #219137862DA