78461 Indigo DrLa QuintaCA92253
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 78461 Indigo Dr, La Quinta, CA, 92253 in La Quinta. Priced at $359,000, it generates $4,234/mo in gross rent and $1,403/mo in net monthly cash flow, a 14.15% yield that comfortably supports the 2.62 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,840. Five-year appreciation: $99,185. Equity from principal paydown: $3,306/yr. Total projected cumulative return: $229,126.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 5.5% |
| Monthly Cash Flow | $1,403 | $300 |
City averages based on La Quinta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,234 |
| Total Monthly Debt Service | $2,687 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1996
4,356 sqft lot
$N/A/sqft
$575 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1996
4,356 sqft lot
$N/A/sqft
$575 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices