83 Conejo Cir, Palm Desert, CA, 92260 | $80/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Rental Income+ 1 more

3 Bed
2 Bath
1291 sft

80838 Dartmouth Ave, Indio, CA, 92201

3 Bed
2 Bath
1100 sft

51640 La Ponderosa Dr, Coachella, CA, 92236

3 Bed
2 Bath
1248 sft

30905 Santa Barbara Dr, Cathedral City, CA, 92234

2 Bed
3 Bath
1644 sft

39005 Bel Air Dr, Cathedral City, CA, 92234

Nearby investment properties with comparable prices

3 Bed
2 Bath
1229 sft

79-241 Valor Ln, Indio, CA, 92203

3 Bed
2 Bath
1494 sft

39-232 Marjorca Drive Ct, Indio, CA, 92203

Investment Property+ 1 more

3 Bed
3 Bath
1814 sft

510 Desert Falls Dr N, Palm Desert, CA, 92211

2 Bed
2 Bath
1582 sft

67696 Rio Vista Dr, Cathedral City, CA, 92234

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Palm Desert at 83 Conejo Cir, Palm Desert, CA, 92260 uses $179,305 cash to close to unlock $960/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $3,452/mo, and a $2,668/mo payment keeps the spread at $80/mo. Purchase price stands at $545,000, and rental yield measures 7.6% with $3,452/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash records $190,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,452/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Condo

Built in 1984

3,484 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,760 (100%)
Owner Occupied HU	9,676 (44.5%)
Renter Occupied HU	5,739 (26.4%)
Vacant Housing Units	6,345 (29.2%)
Median Home Value	$637,429
Average Home Value	$680,264