80124 Palm Circle DrLa 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
Investment property for sale in La Quinta at 80124 Palm Circle Dr, La Quinta, CA, 92253 earns $605/mo cash flow from $2,832/mo rent with a $1,762/mo payment. Total monthly income totals $2,832/mo, and annual cash flow totals $7,262/yr on $119,307 capital. ROI tracks 26% on current figures, and rental yield reads 9.44% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash sums $161,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,832/mo property income instead of your personal income.
Condo
Built in 1973
3,049 sqft lot
$N/A/sqft
No 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: Greg Myll • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #219132054DA