77305 Calle ColimaLa QuintaCA92253
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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 La Quinta at 77305 Calle Colima, La Quinta, CA, 92253 listed at $489,900 pairs $3,102/mo rent with a $2,398/mo payment to leave $71/mo cash flow. Total monthly income runs $3,102/mo, and annual cash flow reaches $855/yr on $162,402 cash to close. Return on cash invested measures 20.44% in year one, and rental yield registers 7.6% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 105.68% and total cumulative return in cash totals $171,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,102/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92253, La Quinta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,388 (100%) |
| Owner Occupied HU | 11,982 (49.1%) |
| Renter Occupied HU | 4,101 (16.8%) |
| Vacant Housing Units | 8,305 (34.1%) |
| Median Home Value | $718,724 |
| Average Home Value | $832,590 |
Housing Distribution
Address Breakdown
Residential
21,080
Single Family
18,511
Multi-Family
2,569
Businesses
658
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Listed by: Daisy Becerra • HomeSmart
Mls Name: CRMLS
Mls ID: #219134761DA