555 W Baristo Rd UNIT 6, Palm Springs, CA, 92262 | 4.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Palm Springs at 555 W Baristo Rd UNIT 6, Palm Springs, CA, 92262 offers $5,117/mo rent that, after a $7,219/mo payment. Total monthly income is $5,117/mo. Return on cash invested measures 8.46% in year one, and rental yield stands at 4.16% at a $1,475,000 entry. Equity gained on principal adds $9,518/yr while 5% annual appreciation compounds into $407,515 by year five. Five-year ROI records 42.02% and total cumulative return in cash reaches $200,818. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,117/mo property income versus a $7,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1969

N/A lot

$N/A/sqft

$735 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 92262, Palm Springs, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,725 (100%)
Owner Occupied HU	8,475 (43.0%)
Renter Occupied HU	6,025 (30.5%)
Vacant Housing Units	5,225 (26.5%)
Median Home Value	$778,535
Average Home Value	$846,527