55359 Winged FootLa 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
Rental property for sale in La Quinta at 55359 Winged Foot, La Quinta, CA, 92253 generates $4,267/mo in rent and, after a $2,276/mo payment, leaves $1,390/mo in cash flow. Total monthly income is $4,267/mo, and annual cash flow is $16,684/yr on $154,148 invested. Return on cash invested sits at 30.73% in year one, and rental yield is 11.01% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 160.89% and total cumulative return in cash sums $248,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,267/mo property income rather than buyer’s personal income.
Condo
Built in 1990
1,622 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: Janice Glaab • KW Coachella Valley
Mls Name: CRMLS
Mls ID: #219134242DA