9647 Spyglass Ave UNIT 28Desert Hot SpringsCA92240
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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 Desert Hot Springs at 9647 Spyglass Ave UNIT 28, Desert Hot Springs, CA, 92240 listed at $112,500 pairs $853/mo rent with a $551/mo payment to leave $157/mo cash flow. Total monthly income runs $853/mo, and annual cash flow reaches $1,880/yr on $37,294 cash to close. Return on cash invested measures 24.95% in year one, and rental yield registers 9.1% at a $112,500 basis. Equity gained on principal adds $726/yr, and annual property appreciation at 5% supports $31,082 by year five. Five-year ROI tracks 129.94% and total cumulative return in cash totals $48,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $853/mo property income relative to a $551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A 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
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Listed by: Mark Bessey • Engel & Volkers Beverly HIlls
Mls Name: CLAW
Mls ID: #25564587PS