73411 Bursera Way, Palm Desert, CA, 92260 | 6.48% Rental Yield

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73411 Bursera Way, Palm Desert, CA, 92260 | 6.48% Rental Yield | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,994/mo, and a $4,527/mo payment. Purchase price stands at $925,000, and rental yield measures 6.48% with $4,994/mo rent. Return on cash invested shows 17.19% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 88.24% and total cumulative return in cash records $268,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,994/mo property income covering a $4,527/mo payment rather than investor’s personal income.

Single Family

Built in 1957

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Prime Opportunity - Mid-Century Post & Beam in South Palm DesertThis Mid-Century Post and Beam property offers strong upside potential in one of Palm Desert's most desirable neighborhoods. Key capital improvements have already been completed: a new foam roof, resurfaced pool with durable pebble finish, new variable-speed pool pump, resurfaced pool decking, new HVAC systems, and a new awning--reducing immediate maintenance concerns for investors. The home features a spacious layout with floor-to-ceiling windows that bring in natural light and maximize indoor-outdoor appeal--a major draw for long-term tenants. Interior upgrades include redone concrete floors with gray overlay, new kitchen appliances, and an expansive 22 feet of counter space--ideal for hosting or staging. The large 18x36 pool, covered patio and generous pool deck create an ideal setting for outdoor entertaining. There's ample room for adding a jacuzzi, firepit, or luxury furnishings to enhance rental value. A natural gas hookup simplifies the addition of a high-end outdoor kitchen or grilling station. Sitting on a private oversized lot, this property offers room for further development or customization. Located minutes from El Paseo's premium shopping and dining district, this home checks the box for location, lifestyle, and long-term appreciation. Sitting on a private oversized lot, this property offers room for ADU, further development or customization.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.

Housing Distribution

Housing Statistics

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