61895 Smoketree RdNorth Palm SpringsCA92258
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderRental yield 7.38%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $201,686, and $6,723/yr in principal equity projects total return of $275,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.5% |
| Monthly Cash Flow | $(27) | $1,200 |
City averages based on North Palm Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,489 |
| Total Monthly Debt Service | $4,225 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92258, North Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 349 (100%) |
| Owner Occupied HU | 195 (55.9%) |
| Renter Occupied HU | 129 (37.0%) |
| Vacant Housing Units | 25 ( 7.2%) |
| Median Home Value | $259,783 |
| Average Home Value | $230,167 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
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
Single Family
Built in 1987
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92258, North Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 349 (100%) |
| Owner Occupied HU | 195 (55.9%) |
| Renter Occupied HU | 129 (37.0%) |
| Vacant Housing Units | 25 ( 7.2%) |
| Median Home Value | $259,783 |
| Average Home Value | $230,167 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Barajas • Berkshire Hathaway HomeServices California Properties
Mls Name: Greater Palm Springs Realtors
Mls ID: #219136139