58 Payson CirPalm DesertCA92211
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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 Palm Desert at 58 Payson Cir, Palm Desert, CA, 92211 generates $5,231/mo in rent and, after a $3,744/mo payment, leaves $499/mo in cash flow. Total monthly income is $5,231/mo, and annual cash flow is $5,986/yr on $251,685 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 8.21% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash sums $292,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,231/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
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Listed by: The Briggs Group • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219139040DA