76238 Honeysuckle DrPalm DesertCA92211
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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
Rental property for sale in Palm Desert at 76238 Honeysuckle Dr, Palm Desert, CA, 92211 generates $3,722/mo in rent and, after a $2,937/mo payment, leaves $10/mo in cash flow. Total monthly income is $3,722/mo, and annual cash flow is $120/yr on $197,398 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 7.44% on a $599,995 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,768 over five years. Five-year ROI reaches 103.93% and total cumulative return in cash sums $205,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,722/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1,344 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
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Listed by: Gabriela Aspiazu • Homequest Real Estate
Mls Name: CRMLS
Mls ID: #OC25168664