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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palm Desert at 72803 Don Larson Ln, Palm Desert, CA, 92260 with 5% annual appreciation on a $330,000 basis while $3,245/mo rent supports operations. Total monthly income totals $3,245/mo and a $1,615/mo payment preserves $450/mo for cash returns. Annual cash flow comes to $5,400/yr on $109,395 deployed, and return on cash invested reaches 24.85% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 11.8%. Five-year ROI measures 132.3% and total cumulative return in cash totals $144,731.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,245/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
1,111 sqft lot
$N/A/sqft
$715 monthly HOA
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,760 (100%) |
| Owner Occupied HU | 9,676 (44.5%) |
| Renter Occupied HU | 5,739 (26.4%) |
| Vacant Housing Units | 6,345 (29.2%) |
| Median Home Value | $637,429 |
| Average Home Value | $680,264 |
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Sold | $330,000 |
| 2025-03-19 | Pending sale | $359,000 |
| 2025-01-25 | Price change | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-22 | $2941.22 | 2.78% | $210,904 | 2.00% |
| 2023-06-22 | $2861.56 | 2.76% | $206,770 | 2.00% |
| 2022-06-22 | $2784.80 | 2.64% | $202,716 | 2.00% |
Listed by: Jim Bartell • Coldwell Banker Realty
Mls Name: CRMLS
Mls Provider:
Mls ID: #219120790DA
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-21 20:45:42 PDT and /or other sources. 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
