76897 Morocco RdPalm 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 76897 Morocco Rd, Palm Desert, CA, 92211 earns from $3,617/mo rent with a $3,030/mo payment. Total monthly income totals $3,617/mo. ROI tracks 18.81% on current figures, and rental yield reads 7.01% at a $619,000 purchase. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 over five years. Five-year ROI reaches 96.91% and total cumulative return in cash sums $197,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,617/mo property income instead of your personal income.
Condo
Built in 1989
1,672 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: Rae Crogan • Equity Union
Mls Name: CRMLS
Mls ID: #219132423DA