83960 Hopi AveIndioCA92203
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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 Indio at 83960 Hopi Ave, Indio, CA, 92203 generates $4,738/mo in rent and, after a $2,932/mo payment, leaves $1,032/mo in cash flow. Total monthly income is $4,738/mo, and annual cash flow is $12,387/yr on $197,071 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.49% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $270,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,738/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6,970 sqft lot
$N/A/sqft
No 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: Arno Akhverdyan • Coldwell Banker Hallmark
Mls Name: CRMLS
Mls ID: #GD25248907