78815 Grand Traverse AveLa QuintaCA92253
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
Investment Highlights
Rental property for sale in La Quinta at 78815 Grand Traverse Ave, La Quinta, CA, 92253 priced at $1,238,800 pairs $4,856/mo rent with after a $6,063/mo payment. Total monthly income equals $4,856/mo. Return on cash invested is 11.12% in year one, and rental yield stands at 4.7% on a $1,238,800 basis. Equity gained on principal adds $7,994/yr, and 5% annual appreciation accumulates to $342,258 by year five. Five-year ROI measures 55.91% and total cumulative return in cash reaches $224,413. For financing, Ziffy Mortgage’s DSCR program evaluates $4,856/mo property income against a $6,063/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
7,840 sqft lot
$N/A/sqft
$287 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
Listed by: N/A • N/A
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