78650 Avenue 42 APT 1816Bermuda DunesCA92203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 78650 Avenue 42 APT 1816, Bermuda Dunes, CA, 92203 in Bermuda Dunes. Priced at $299,000, it generates $3,778/mo in gross rent and $1,608/mo in net monthly cash flow, a 15.16% yield that comfortably supports the 2.81 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $19,295. Five-year appreciation: $82,608. Equity from principal paydown: $2,754/yr. Total projected cumulative return: $218,292.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 5.2% |
| Monthly Cash Flow | $1,608 | $200 |
City averages based on Bermuda Dunes market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,778 |
| Total Monthly Debt Service | $2,051 |
| DSCR Ratio | 1.84x |
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 1988
945.02 sqft lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92203, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,943 (100%) |
| Owner Occupied HU | 9,836 (61.7%) |
| Renter Occupied HU | 2,940 (18.4%) |
| Vacant Housing Units | 3,167 (19.9%) |
| Median Home Value | $603,860 |
| Average Home Value | $625,172 |
Housing Distribution
Address Breakdown
Residential
14,828
Single Family
13,720
Multi-Family
1,108
Businesses
379
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 1988
945.02 sqft lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92203, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,943 (100%) |
| Owner Occupied HU | 9,836 (61.7%) |
| Renter Occupied HU | 2,940 (18.4%) |
| Vacant Housing Units | 3,167 (19.9%) |
| Median Home Value | $603,860 |
| Average Home Value | $625,172 |
Housing Distribution
Address Breakdown
Residential
14,828
Single Family
13,720
Multi-Family
1,108
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices