69801 Ramon Rd #59Cathedral 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 69801 Ramon Rd #59, Cathedral City, CA, 92234 earns $2,350/mo cash flow from $3,709/mo rent with a $763/mo payment. Total monthly income totals $3,709/mo, and annual cash flow totals $28,196/yr on $51,681 capital. ROI tracks 74.47% on current figures, and rental yield reads 28.55% at a $155,900 purchase. Equity gained on principal adds $1,006/yr, and 5% annual appreciation supports $43,072 over five years. Five-year ROI reaches 398.74% and total cumulative return in cash sums $206,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,709/mo property income instead of your personal income.
Manufactured
Built in 2006
1,742 sqft lot
$N/A/sqft
$395 monthly 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: Gabriela Serrano • HomeSmart Professionals
Mls Name: CLAW
Mls Provider:
Mls ID: #24-414577
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.