77738 Heritage DrLa 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 77738 Heritage Dr, La Quinta, CA, 92253 with 5% annual appreciation on a $729,000 basis while $5,424/mo rent supports operations. Total monthly income totals $5,424/mo and a $3,568/mo payment preserves $914/mo for cash returns. Annual cash flow comes to $10,972/yr on $239,841 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $4,704/yr, and five-year appreciation sums $201,409 alongside rental yield of 8.93%. Five-year ROI measures 128.16% and total cumulative return in cash totals $307,368.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,424/mo property income versus a $3,568/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
2,117 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: DW & Associates • Equity Union
Mls Name: CRMLS
Mls ID: #219140326DA