Residence Three Plan, Vitality at MiralonPalm SpringsCA92262
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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
Rental property for sale in Palm Springs at Residence Three Plan, Vitality at Miralon, Palm Springs, CA, 92262 priced at $884,134 pairs $6,750/mo rent with $1,281/mo cash flow after a $4,327/mo payment. Total monthly income equals $6,750/mo, and annual cash flow comes to $15,372/yr on $290,880 invested. Return on cash invested is 25.34% in year one, and rental yield stands at 9.16% on a $884,134 basis. Equity gained on principal adds $5,705/yr, and 5% annual appreciation accumulates to $244,270 by year five. Five-year ROI measures 131.95% and total cumulative return in cash reaches $383,806. For financing, Ziffy Mortgage’s DSCR program evaluates $6,750/mo property income against a $4,327/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A