84250 Indio Springs Dr SPACE 399IndioCA92203
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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 84250 Indio Springs Dr SPACE 399, Indio, CA, 92203 offers a 9.19% rental yield on a $125,000 purchase with $957/mo rent. Total monthly income registers $957/mo, and a $612/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,202/yr on $41,438 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 131.37% and total cumulative return in cash at $54,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $957/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
5,100 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: Sean Carbajal • HomeSmart
Mls Name: CRMLS
Mls ID: #219134079DA