78130 Cortez Ln Unit 60Indian WellsCA92210
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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 Indian Wells at 78130 Cortez Ln Unit 60, Indian Wells, CA, 92210 earns $707/mo cash flow from $3,026/mo rent with a $1,835/mo payment. Total monthly income totals $3,026/mo, and annual cash flow totals $8,479/yr on $124,313 capital. ROI tracks 26.73% on current figures, and rental yield reads 9.68% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 139.42% and total cumulative return in cash sums $173,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,026/mo property income instead of your personal income.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92210, Indian Wells, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,348 (100%) |
| Owner Occupied HU | 2,192 (41.0%) |
| Renter Occupied HU | 547 (10.2%) |
| Vacant Housing Units | 2,609 (48.8%) |
| Median Home Value | $952,437 |
| Average Home Value | $1,123,372 |
Housing Distribution
Address Breakdown
Residential
4,347
Single Family
4,055
Multi-Family
292
Businesses
137
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Listed by: Debra Lynn Sanders-Bowlby • Windermere Real Estate
Mls Name: Greater Palm Springs Realtors
Mls ID: #219142033