55399 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
Investment property for sale in La Quinta at 55399 Winged Foot, La Quinta, CA, 92253 with 5% annual appreciation on a $459,000 basis while $5,874/mo rent supports operations. Total monthly income totals $5,874/mo and a $2,247/mo payment preserves $2,399/mo for cash returns. Annual cash flow comes to $28,794/yr on $152,159 deployed, and return on cash invested reaches 38.83% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 15.36%. Five-year ROI measures 206.15% and total cumulative return in cash totals $313,667.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,874/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1990
1,622 sqft lot
$N/A/sqft
$588 monthly 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: Karlee K VanDyke • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls Provider:
Mls ID: #240016381
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