891 S Village SqPalm SpringsCA92262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Springs at 891 S Village Sq, Palm Springs, CA, 92262 at $515,000 posts ROI 27.93% with $1,112/mo cash flow from $4,298/mo rent. Total monthly income equals $4,298/mo, and annual cash flow records $13,341/yr on $169,435 to close. Return on cash invested measures 27.93% and rental yield reads 10.01% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 145.83% and total cumulative return in cash totals $247,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
N/A lot
$N/A/sqft
No 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: Brandon Hauer • Brandon Hauer Real Estate Group
Mls Name: CLAW
Mls ID: #25617615