Residence Two 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 Two Plan, Canyon View, Palm Springs, CA, 92264 listed at $940,990 pairs $8,280/mo rent with a $4,606/mo payment to leave $2,459/mo cash flow. Total monthly income runs $8,280/mo, and annual cash flow reaches $29,503/yr on $309,586 cash to close. Return on cash invested measures 29.59% in year one, and rental yield registers 10.56% at a $940,990 basis. Equity gained on principal adds $6,072/yr, and annual property appreciation at 5% supports $259,978 by year five. Five-year ROI tracks 154.72% and total cumulative return in cash totals $478,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,280/mo property income relative to a $4,606/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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