69241 Midpark DrDesert Hot SpringsCA92241
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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 Desert Hot Springs at 69241 Midpark Dr, Desert Hot Springs, CA, 92241 uses $53,007 cash to close to unlock $3,510/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $1,282/mo, and a $783/mo payment keeps the spread at $292/mo. Purchase price stands at $159,900, and rental yield measures 9.62% with $1,282/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 138.38% and total cumulative return in cash records $73,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,282/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1965
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92241, Desert Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,279 (100%) |
| Owner Occupied HU | 3,079 (49.0%) |
| Renter Occupied HU | 858 (13.7%) |
| Vacant Housing Units | 2,342 (37.3%) |
| Median Home Value | $203,000 |
| Average Home Value | $332,688 |
Housing Distribution
Address Breakdown
Residential
4,503
Single Family
4,456
Multi-Family
47
Businesses
42
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Listed by: Juan Carlos Nuno • Jesus Martinez, Broker
Mls Name: CRMLS
Mls ID: #219137639DA