66231 3rd StDesert Hot SpringsCA92240
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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 Desert Hot Springs at 66231 3rd St, Desert Hot Springs, CA, 92240 uses $145,827 cash to close to unlock $12,345/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $3,750/mo, and a $2,153/mo payment keeps the spread at $1,029/mo. Purchase price stands at $439,900, and rental yield measures 10.23% with $3,750/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 148.23% and total cumulative return in cash records $216,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,750/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92240, Desert Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,594 (100%) |
| Owner Occupied HU | 7,828 (50.2%) |
| Renter Occupied HU | 6,139 (39.4%) |
| Vacant Housing Units | 1,627 (10.4%) |
| Median Home Value | $337,088 |
| Average Home Value | $477,508 |
Housing Distribution
Address Breakdown
Residential
14,161
Single Family
13,172
Multi-Family
989
Businesses
496
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Listed by: RENE JIMENEZ • ARREBA
Mls Name: CRMLS
Mls ID: #IV25139749