944 Mesa Grande DrPalm DesertCA92211
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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 Palm Desert at 944 Mesa Grande Dr, Palm Desert, CA, 92211 earns from $4,366/mo rent with a $5,815/mo payment. Total monthly income totals $4,366/mo. ROI tracks 11.07% on current figures, and rental yield reads 4.41% at a $1,188,000 purchase. Equity gained on principal adds $7,666/yr, and 5% annual appreciation supports $328,223 over five years. Five-year ROI reaches 55.34% and total cumulative return in cash sums $213,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,366/mo property income instead of your personal income.
Single Family
Built in 1999
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
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Listed by: DW & Associates • Equity Union
Mls Name: CRMLS
Mls ID: #219140833DA