76892 Joetta PlPalm 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
Investment property for sale in Palm Desert at 76892 Joetta Pl, Palm Desert, CA, 92211 earns $785/mo cash flow from $3,352/mo rent with a $2,031/mo payment. Total monthly income totals $3,352/mo, and annual cash flow totals $9,419/yr on $137,573 capital. ROI tracks 26.76% on current figures, and rental yield reads 9.69% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash sums $191,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,352/mo property income instead of your personal income.
Condo
Built in 1991
696 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: Kamoei Group • BBS Brokers Realty
Mls Name: CRMLS
Mls ID: #219133031DA