68711 Paseo SoriaCathedral 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
Rental property for sale in Cathedral City at 68711 Paseo Soria, Cathedral City, CA, 92234 generates $3,067/mo in rent and, after a $2,242/mo payment, leaves $233/mo in cash flow. Total monthly income is $3,067/mo, and annual cash flow is $2,801/yr on $151,827 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 8.04% on a $458,000 entry. Equity gained on principal adds $2,955/yr, while 5% annual appreciation builds toward $126,537 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash sums $171,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,067/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A 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: Ann Davis • BEAUMONT REALTY INC.
Mls Name: CRMLS
Mls ID: #IG25091205