68780 Panorama DrDesert Hot SpringsCA92240
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 Desert Hot Springs at 68780 Panorama Dr, Desert Hot Springs, CA, 92240 offers a 9.34% rental yield on a $520,000 purchase with $4,046/mo rent. Total monthly income registers $4,046/mo, and a $2,545/mo payment leaves $829/mo available for distribution. Annual cash flow reaches $9,952/yr on $171,080 to close, and return on cash invested stands at 25.88% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 134.83% and total cumulative return in cash at $230,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,046/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mariana Sumampouw • Homequest Real Estate
Mls Name: CRMLS
Mls ID: #TR25200936