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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Indian Wells at 76850 Lark Dr, Indian Wells, CA, 92210 uses $328,671 cash to close to unlock $1,435/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $7,080/mo, and a $4,890/mo payment keeps the spread at $120/mo. Purchase price stands at $999,000, and rental yield measures 8.5% with $7,080/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 106.99% and total cumulative return in cash records $351,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,080/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Condo
Built in 1968
2,614 sqft lot
$N/A/sqft
$780 monthly HOA
Neighborhood data shown for ZIP Code: 92210, Indian Wells, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,348 (100%) |
| Owner Occupied HU | 2,192 (41.0%) |
| Renter Occupied HU | 547 (10.2%) |
| Vacant Housing Units | 2,609 (48.8%) |
| Median Home Value | $952,437 |
| Average Home Value | $1,123,372 |
Residential
4,347
Single Family
4,055
Multi-Family
292
Businesses
137
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Listed for sale | $999,000 |
| 2024-05-17 | Sold | $940,000 |
| 2024-05-07 | Pending sale | $970,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-09 | $6988.86 | 2.82% | $410,114 | 2.00% |
| 2023-01-09 | $6797.50 | 2.89% | $402,073 | 2.00% |
| 2022-01-09 | $6606.30 | 2.08% | $394,190 | 2.00% |
Listed by: John Mccoy • Palm Springs Resort Homes
Mls Name: CLAW
Mls Provider:
Mls ID: #24-472727
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
