77 Camino Arroyo PlPalm DesertCA92260
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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 77 Camino Arroyo Pl, Palm Desert, CA, 92260 priced at $549,999 pairs $4,229/mo rent with $827/mo cash flow after a $2,692/mo payment. Total monthly income equals $4,229/mo, and annual cash flow comes to $9,919/yr on $180,950 invested. Return on cash invested is 25.54% in year one, and rental yield stands at 9.23% on a $549,999 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 133.02% and total cumulative return in cash reaches $240,693. For financing, Ziffy Mortgage’s DSCR program evaluates $4,229/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,760 (100%) |
| Owner Occupied HU | 9,676 (44.5%) |
| Renter Occupied HU | 5,739 (26.4%) |
| Vacant Housing Units | 6,345 (29.2%) |
| Median Home Value | $637,429 |
| Average Home Value | $680,264 |
Housing Distribution
Address Breakdown
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
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Listed by: Carla Hitchcock • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219134139DA