71502 Florida DrTwentynine PalmsCA92277
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 Twentynine Palms at 71502 Florida Dr, Twentynine Palms, CA, 92277 earns $298/mo cash flow from $2,339/mo rent with a $1,615/mo payment. Total monthly income totals $2,339/mo, and annual cash flow totals $3,575/yr on $109,362 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.51% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash sums $131,631. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,339/mo property income instead of your personal income.
Single Family
Built in 2005
10,794 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92277, Twentynine Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,682 (100%) |
| Owner Occupied HU | 3,931 (33.7%) |
| Renter Occupied HU | 5,496 (47.0%) |
| Vacant Housing Units | 2,255 (19.3%) |
| Median Home Value | $219,197 |
| Average Home Value | $349,887 |
Housing Distribution
Address Breakdown
Residential
9,604
Single Family
9,566
Multi-Family
38
Businesses
484
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Listed by: Vinson Johnson • 29 Palms Realty
Mls Name: CRMLS
Mls ID: #JT25172665