62121-29 Palms HwyJoshua TreeCA92252
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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
Investment property for sale in Joshua Tree at 62121-29 Palms Hwy, Joshua Tree, CA, 92252 projects strong ROI of 3.15%. Rental yield 1.85%. With 5% annual appreciation, the property builds $827,463 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.89%, translating into $125,077 in total cumulative return on $970,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92252, Joshua Tree, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 2,434 (45.4%) |
| Renter Occupied HU | 1,310 (24.4%) |
| Vacant Housing Units | 1,616 (30.1%) |
| Median Home Value | $271,382 |
| Average Home Value | $370,452 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,534
Multi-Family
38
Businesses
245
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Listed by: Clayton J Baldwin • Kinetic Properties
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219108131
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.