74515 Leslie AvePalm 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 74515 Leslie Ave, Palm Desert, CA, 92260 uses $149,142 cash to close to unlock $7,571/yr annual cash flow and $631/mo monthly cash flow. Total monthly income runs $3,414/mo, and a $2,202/mo payment keeps the spread at $631/mo. Purchase price stands at $449,900, and rental yield measures 9.11% with $3,414/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 130.05% and total cumulative return in cash records $193,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,414/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1961
5,663 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: Molly Fetzer • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #219133750DA