835 S Village SqPalm SpringsCA92262
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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
Rental property for sale in Palm Springs at 835 S Village Sq, Palm Springs, CA, 92262 priced at $465,000 converts $3,684/mo rent into after a $2,276/mo obligation. Total monthly income equals $3,684/mo. Return on cash invested prints 19.7% in year one, and rental yield reads 9.51% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 104.09% and total cumulative return in cash sums $160,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,684/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$605 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92262, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,725 (100%) |
| Owner Occupied HU | 8,475 (43.0%) |
| Renter Occupied HU | 6,025 (30.5%) |
| Vacant Housing Units | 5,225 (26.5%) |
| Median Home Value | $778,535 |
| Average Home Value | $846,527 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
14,634
Multi-Family
1,297
Businesses
1,444
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Listed by: John Sloan Real Estate Group Team • Keller Williams Realty
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219094372
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.