74986 E Conestoga Dr, Thousand Palms, CA, 92276 | $53/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1966 sft

73450 Country Club Dr SPC 12, Palm Desert, CA, 92260

2 Bed
2 Bath
1440 sft

39820 Palm Greens Pkwy, Palm Desert, CA, 92260

1 Bed
1 Bath
539 sft

222 N Calle El Segundo APT 527, Palm Springs, CA, 92262

2 Bed
1 Bath
760 sft

156 Caravan St, Palm Springs, CA, 92264

Nearby investment properties with comparable prices

2 Bed
2 Bath
960 sft

481 E Bradshaw Ln #13, Palm Springs, CA, 92262

2 Bed
2 Bath
1064 sft

31200 Landau Blvd APT 1608, Cathedral City, CA, 92234

2 Bed
2 Bath
889 sft

1550 S Camino Real APT 123, Palm Springs, CA, 92264

1 Bed
2 Bath
705 sft

5300 E Waverly Dr APT J4, Palm Springs, CA, 92264

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Thousand Palms at 74986 E Conestoga Dr, Thousand Palms, CA, 92276 generates $2,280/mo in rent and, after a $1,762/mo payment, leaves $53/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $636/yr on $119,340 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 7.6% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 105.68% and total cumulative return in cash sums $126,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.

Manufactured

Built in 1989

5,662 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