77835 California Dr APT C10Palm 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 77835 California Dr APT C10, Palm Desert, CA, 92211 offers a 9.13% rental yield on a $195,000 purchase with $1,484/mo rent. Total monthly income registers $1,484/mo, and a $954/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,337/yr on $64,643 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 130.59% and total cumulative return in cash at $84,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,484/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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: Renee Thorpe • HomeSmart
Mls Name: CRMLS
Mls ID: #219139962DA