Residence Five Plan, Canyon ViewPalm SpringsCA92264
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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 Springs at Residence Five Plan, Canyon View, Palm Springs, CA, 92264 with 5% annual appreciation on a $901,990 basis while $8,280/mo rent supports operations. Total monthly income totals $8,280/mo and a $4,415/mo payment preserves $2,700/mo for cash returns. Annual cash flow comes to $32,399/yr on $296,755 deployed, and return on cash invested reaches 30.98% in year one. Equity gained on principal adds $5,820/yr, and five-year appreciation sums $249,203 alongside rental yield of 11.02%. Five-year ROI measures 162.15% and total cumulative return in cash totals $481,200.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,280/mo property income versus a $4,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Housing Distribution
Address Breakdown
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A