68298 Descanso CirCathedral CityCA92234
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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 Cathedral City at 68298 Descanso Cir, Cathedral City, CA, 92234 earns $1,661/mo cash flow from $5,837/mo rent with a $3,304/mo payment. Total monthly income totals $5,837/mo, and annual cash flow totals $19,933/yr on $222,075 capital. ROI tracks 29.04% on current figures, and rental yield reads 10.38% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 151.77% and total cumulative return in cash sums $337,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,837/mo property income instead of your personal income.
Single Family
Built in 1988
0.29 Acres 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
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Listed by: Brent Aronowitz • Vylla Home, Inc.
Mls Name: CLAW
Mls ID: #25627813PS