77235 Michigan 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
Investment property for sale in Palm Desert at 77235 Michigan Dr, Palm Desert, CA, 92211 listed at $619,900 pairs $5,430/mo rent with a $3,034/mo payment to leave $1,501/mo cash flow. Total monthly income runs $5,430/mo, and annual cash flow reaches $18,008/yr on $203,947 cash to close. Return on cash invested measures 28.89% in year one, and rental yield registers 10.51% at a $619,900 basis. Equity gained on principal adds $4,000/yr, and annual property appreciation at 5% supports $171,267 by year five. Five-year ROI tracks 151.17% and total cumulative return in cash totals $308,300. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,430/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
$398 annually 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: Hilda Horvat • Coldwell Banker Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #25494673PS
Disclaimer: 2025 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 2025-02-12 12:49:04 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.