566 N Sunset WayPalm SpringsCA92262
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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 Palm Springs at 566 N Sunset Way, Palm Springs, CA, 92262 offers a 10.9% rental yield on a $995,000 purchase with $9,034/mo rent. Total monthly income registers $9,034/mo, and a $4,870/mo payment leaves $2,879/mo available for distribution. Annual cash flow reaches $34,545/yr on $327,355 to close, and return on cash invested stands at 30.61% in year one. Equity gained on principal adds $6,421/yr while 5% annual appreciation supports $274,900 over five years. Portfolio math shows five-year ROI at 160.2% and total cumulative return in cash at $524,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,034/mo property income against a $4,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
14,634
Multi-Family
1,297
Businesses
1,444
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Listed by: Dean Sipe • Berkshire Hathaway Home Services California Properties
Mls Name: CLAW
Mls ID: #25629355PS