67841 N Portales DrCathedral CityCA92234
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
Investment Highlights
Investment property for sale in Cathedral City at 67841 N Portales Dr, Cathedral City, CA, 92234 earns $480/mo cash flow from $2,144/mo rent with a $1,317/mo payment. Total monthly income totals $2,144/mo, and annual cash flow totals $5,754/yr on $89,174 capital. ROI tracks 26.36% on current figures, and rental yield reads 9.56% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 137.46% and total cumulative return in cash sums $122,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,144/mo property income instead of your personal income.
Condo
Built in 1985
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92234, Cathedral City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,545 (100%) |
| Owner Occupied HU | 12,100 (51.4%) |
| Renter Occupied HU | 6,816 (28.9%) |
| Vacant Housing Units | 4,629 (19.7%) |
| Median Home Value | $574,412 |
| Average Home Value | $608,642 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
18,885
Multi-Family
1,571
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marielle Aguilar • Rennie Group
Mls Name: CRMLS
Mls ID: #219139992DA