83452 Lightning RdIndioCA92203
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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 Indio at 83452 Lightning Rd, Indio, CA, 92203 listed at $770,000 pairs $6,256/mo rent with a $3,769/mo payment to leave $908/mo cash flow. Total monthly income runs $6,256/mo, and annual cash flow reaches $10,892/yr on $253,330 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 9.75% at a $770,000 basis. Equity gained on principal adds $4,969/yr, and annual property appreciation at 5% supports $212,737 by year five. Five-year ROI tracks 127.68% and total cumulative return in cash totals $323,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,256/mo property income relative to a $3,769/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
$160 monthly 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: Edward Soto • Grounded Real Estate Inc.
Mls Name: ICAOR
Mls Provider:
Mls ID: #24465573IC
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.