8955 Silver Star AveDesert Hot SpringsCA92240
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 Desert Hot Springs at 8955 Silver Star Ave, Desert Hot Springs, CA, 92240 offers a 9.8% rental yield on a $375,000 purchase with $3,062/mo rent. Total monthly income registers $3,062/mo, and a $1,835/mo payment leaves $743/mo available for distribution. Annual cash flow reaches $8,911/yr on $124,313 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 141.28% and total cumulative return in cash at $175,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,062/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92240, Desert Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,594 (100%) |
| Owner Occupied HU | 7,828 (50.2%) |
| Renter Occupied HU | 6,139 (39.4%) |
| Vacant Housing Units | 1,627 (10.4%) |
| Median Home Value | $337,088 |
| Average Home Value | $477,508 |
Housing Distribution
Address Breakdown
Residential
14,161
Single Family
13,172
Multi-Family
989
Businesses
496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Sarlund • Keller Williams Luxury Homes
Mls Name: CRMLS
Mls ID: #219134030DA