78515 Alliance WayPalm 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
Total monthly income runs $6,034/mo, and a $4,645/mo payment. Purchase price stands at $949,000, and rental yield measures 7.63% with $6,034/mo rent. Return on cash invested shows 18.25% in year one, and 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 94.78% and total cumulative return in cash records $295,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,034/mo property income covering a $4,645/mo payment rather than investor’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
$417 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: Michael Horne • Compass
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219129693
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.