78813 Iron Bark DrPalm 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 78813 Iron Bark Dr, Palm Desert, CA, 92211 uses $144,203 cash to close to unlock $7,717/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $3,334/mo, and a $2,129/mo payment keeps the spread at $643/mo. Purchase price stands at $435,000, and rental yield measures 9.2% with $3,334/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 131.56% and total cumulative return in cash records $189,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,334/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6,098 sqft 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: Cathy Riley • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219133770DA