73549 Algonquin PlThousand PalmsCA92276
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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 Thousand Palms at 73549 Algonquin Pl, Thousand Palms, CA, 92276 listed at $224,900 pairs $2,214/mo rent with a $1,101/mo payment to leave $823/mo cash flow. Total monthly income runs $2,214/mo, and annual cash flow reaches $9,870/yr on $74,554 cash to close. Return on cash invested measures 33.15% in year one, and rental yield registers 11.81% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 173.87% and total cumulative return in cash totals $129,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,214/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92276, Thousand Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,724 (100%) |
| Owner Occupied HU | 2,144 (57.6%) |
| Renter Occupied HU | 721 (19.4%) |
| Vacant Housing Units | 859 (23.1%) |
| Median Home Value | $258,036 |
| Average Home Value | $312,063 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,381
Multi-Family
80
Businesses
267
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Listed by: Richard MacMillan • HomeSmart
Mls Name: CRMLS
Mls ID: #219140386DA