77310 Minnesota AvePalm 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 77310 Minnesota Ave, Palm Desert, CA, 92211 earns from $3,565/mo rent with a $2,643/mo payment. Total monthly income totals $3,565/mo. ROI tracks 19.76% on current figures, and rental yield reads 7.92% at a $539,900 purchase. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 over five years. Five-year ROI reaches 102.68% and total cumulative return in cash sums $182,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,565/mo property income instead of your personal income.
Single Family
Built in 1961
N/A lot
$N/A/sqft
$33 monthly 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: Kathleen S O'Brien • Coldwell Banker Realty
Mls Name: Greater Palm Springs Realtors
Mls Provider:
Mls ID: #219128848
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.