83721 Mirabella DrIndioCA92203
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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 83721 Mirabella Dr, Indio, CA, 92203 earns $1,667/mo cash flow from $5,521/mo rent with a $2,814/mo payment. Total monthly income totals $5,521/mo, and annual cash flow totals $20,010/yr on $189,175 capital. ROI tracks 30.64% on current figures, and rental yield reads 11.52% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 161.02% and total cumulative return in cash sums $304,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,521/mo property income instead of your personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
$120 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: Jason W Evans • HomeSmart
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219123684
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.