6735 Harwood CirPalm SpringsCA92264
Nearby investment properties with comparable rents
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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 Springs at 6735 Harwood Cir, Palm Springs, CA, 92264 offers $2,791/mo rent that, after a $2,383/mo payment. Total monthly income is $2,791/mo. Return on cash invested measures 16.85% in year one, and rental yield stands at 6.88% at a $486,907 entry. Equity gained on principal adds $3,142/yr while 5% annual appreciation compounds into $134,523 by year five. Five-year ROI records 86.99% and total cumulative return in cash reaches $140,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,791/mo property income versus a $2,383/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Housing Distribution
Address Breakdown
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #219112721DA