57975 E Stone Creek TrlLa QuintaCA92253
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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
Rental property for sale in La Quinta at 57975 E Stone Creek Trl, La Quinta, CA, 92253 offers $6,175/mo rent that, after a $9,055/mo payment. Total monthly income is $6,175/mo. Return on cash invested measures 9.82% in year one, and rental yield stands at 4.01% at a $1,850,000 entry. Equity gained on principal adds $11,938/yr while 5% annual appreciation compounds into $511,121 by year five. Five-year ROI records 48.64% and total cumulative return in cash reaches $291,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,175/mo property income versus a $9,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
N/A 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: Roger A Meier • California Lifestyle Realty
Mls Name: Greater Palm Springs Realtors
Mls ID: #219136117