73464 Shadow Mountain DrPalm DesertCA92260
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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 Palm Desert at 73464 Shadow Mountain Dr, Palm Desert, CA, 92260 uses $152,490 cash to close to unlock $3,310/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $3,121/mo, and a $2,251/mo payment keeps the spread at $276/mo. Purchase price stands at $460,000, and rental yield measures 8.14% with $3,121/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 114.46% and total cumulative return in cash records $174,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,121/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1,742 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
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Listed by: Dave Van Wess • HomeSmart
Mls Name: Greater Palm Springs Realtors
Mls ID: #219140965