79294 Montego Bay Dr #9Bermuda DunesCA92203
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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 Bermuda Dunes at 79294 Montego Bay Dr #9, Bermuda Dunes, CA, 92203 uses $106,047 cash to close to unlock $11,037/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $2,899/mo, and a $1,566/mo payment keeps the spread at $920/mo. Purchase price stands at $319,900, and rental yield measures 10.87% with $2,899/mo rent. Return on cash invested shows 30.32% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 158.64% and total cumulative return in cash records $168,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,899/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1963
1.37 Acres lot
$N/A/sqft
No 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
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Listed by: CHRISTI RAINEY-SHELLNER • WESTCOE REALTORS INC
Mls Name: CRMLS
Mls ID: #IV26014635