67162 W Chimayo Dr · Cathedral City, CA
Flood risk 2/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.09%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 9/10 · Severe
- Hot days now (above 112°F)
- 5 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +17.2/30.0
- 1% rule +8.6/10.0
- ARV discount +7.5/15.0
- DSCR +5.4/10.0
- Rent growth +3.3/5.0
- Livability +3.3/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$265,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
Key facts
- Lake views
- Covered patio
- High ceilings
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $265k.
Deal economics
- At list price, monthly cash flow is $189 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $265k).
- Recommended offer: $233k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.1% vs local median 5.1% in Cathedral City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities D-.
- Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.2%/yr); 525 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
- At $3,611/mo this rent would consume 59% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 151 days — a 12% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
- 13 sale attempts since 20y ago; this cycle's ask has dropped $34k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $130k; list at $265k implies a 104% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 26% of rent.
- Climate carrying-cost: extreme-heat days projected 5→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.36% ✓
- Cap rate
- 7.15%
- Cash-on-cash
- 3.06%
- DSCR
- 1.14
- GRM
- 6.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.22% rent growth · sell at horizon
- IRR
- -10.9%
- Equity multiple
- 0.60×
- Total profit
- $-29,522
- Equity at exit
- $39,512
- IRR
- -0.9%
- Equity multiple
- 0.94×
- Total profit
- $-4,589
- Equity at exit
- $22,912
Cash invested: $74,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 92234
- Home prices YoY
- -27.7%
- Rents YoY
- 3.2%
- Active inventory
- 525
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $3,611 high interval (Pro) →
- Mortgage (P&I)
- −$1,390
- Tax from tax record
- −$209 /mo · $2,509/yr
- Insurance
- −$110
- HOA
- −$954
- Vacancy / Maint / Mgmt
- −$758
- Net cashflow
- $189
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $66,250
- Closing costs
- $7,950
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 67330 W Chimayo Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $3,300 | $2.80 | 43d | 1 | 0.07mi |
| 67242 Cumbres Ct Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 24d | 1 | 0.14mi |
| 67232 S Chimayo Dr Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 43d | 1 | 0.15mi |
| 67261 Cumbres Ct Cathedral City, CA | 2.0 | 2.0 | 984 | $4,000 | $4.07 | 43d | 1 | 0.15mi |
| 67240 S Chimayo Dr Unit 702 Cathedral City, CA | 1.0 | 2.0 | 851 | $2,200 | $2.59 | 43d | 1 | 0.16mi |
| 67263 N Chimayo Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,200 | $3.57 | 14d | 1 | 0.17mi |
| 67320 Cumbres Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 43d | 1 | 0.20mi |
| 67328 Cumbres Ct Unit 702 Cathedral City, CA | 1.0 | 2.0 | 851 | $3,400 | $4.00 | 43d | 1 | 0.21mi |
| 67444 Toltec Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $3,000 | $2.48 | 2d | 1 | 0.32mi |
| 67463 Toltec Ct Cathedral City, CA | 1.0 | 2.0 | 851 | $3,500 | $4.11 | 43d | 1 | 0.35mi |
| 67552 N Natoma Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,200 | $3.57 | 43d | 1 | 0.42mi |
| 67553 N Portales Dr Unit 288 Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 24d | 1 | 0.44mi |
| 67553 N Portales Dr Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 43d | 1 | 0.44mi |
| 28477 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,000 | $3.30 | 43d | 1 | 0.48mi |
| 28464 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $2,100 | $1.73 | 23d | 1 | 0.52mi |
| 29170 W Laguna Dr Cathedral City, CA | 2.0 | 3.0 | 1425 | $6,000 | $4.21 | 43d | 1 | 0.52mi |
| 28602 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,000 | $3.30 | 43d | 1 | 0.54mi |
| 28656 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,200 | $1.87 | 43d | 1 | 0.56mi |
| 28920 W Natoma Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,000 | $3.40 | 43d | 1 | 0.57mi |
| 28764 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,400 | $3.74 | 43d | 1 | 0.57mi |
| 29017 W Natoma Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,395 | $2.03 | 43d | 1 | 0.58mi |
| 67595 Lagos Way Cathedral City, CA | 3.0 | 3.0 | 1285 | $3,500 | $2.72 | 43d | 1 | 0.65mi |
| 28859 Desert Princess Dr Cathedral City, CA | 3.0 | 2.0 | 1285 | $3,700 | $2.88 | 43d | 1 | 0.65mi |
| 28914 Desert Princess Dr Unit 702 Palm Springs, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 24d | 1 | 0.67mi |
| 67821 N Portales Dr Unit 251 Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,000 | $3.40 | 24d | 1 | 0.68mi |
| 67821 N Portales Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,000 | $3.40 | 43d | 1 | 0.68mi |
| 28964 Desert Princess Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,700 | $2.29 | 43d | 1 | 0.69mi |
| 28984 Desert Princess Dr Unit 702 Cathedral City, CA | 1.0 | 2.0 | 851 | $3,400 | $4.00 | 43d | 1 | 0.69mi |
| 67665 Lagos Way Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 43d | 1 | 0.70mi |
| 67847 N Portales Dr Unit 288 Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 43d | 1 | 0.71mi |
| 67765 Ovante Rd Cathedral City, CA | 3.0 | 2.0 | 1446 | $2,699 | $1.87 | 13d | 1 | 0.72mi |
| 29118 Desert Princess Dr Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 43d | 1 | 0.74mi |
| 28827 Isleta Ct Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 43d | 1 | 0.75mi |
| 28868 Isleta Ct Cathedral City, CA | 2.0 | 2.0 | 1285 | $4,900 | $3.81 | 43d | 1 | 0.82mi |
| 28868 Isleta Ct Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1285 | $4,900 | $3.81 | 24d | 1 | 0.82mi |
| 28763 E Portales Dr Cathedral City, CA | 2.0 | 2.0 | 984 | $4,200 | $4.27 | 7d | 1 | 0.86mi |
| 67727 S Natoma Dr Cathedral City, CA | 2.0 | 3.0 | 1425 | $4,500 | $3.16 | 43d | 1 | 0.89mi |
| 29199 E Portales Dr Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,200 | $3.57 | 43d | 1 | 0.93mi |
| 30201 San Diego Dr Cathedral City, CA | 3.0 | 2.0 | 1060 | $2,700 | $2.55 | 43d | 1 | 0.96mi |
| 29704 W Trancas Dr Cathedral City, CA | 2.0 | 2.5 | 1425 | $6,000 | $4.21 | 43d | 1 | 0.97mi |
HOA detail condo
- Monthly dues
- $954 · $11,448/yr
- Likely covers
- internetcablelandscapingexterior maint.poolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 40 events
-
2026-04-03price $265,000 2177-char remark
Show marketing remark (2177 chars)
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
-
2026-03-04price $274,000 2177-char remark
Show marketing remark (2177 chars)
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
-
2026-02-14price $279,000 2177-char remark
Show marketing remark (2177 chars)
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
-
2026-01-16price $289,000 2177-char remark
Show marketing remark (2177 chars)
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
-
2025-12-26$299,000 Active 2177-char remark
Show marketing remark (2177 chars)
Gorgeous Golf Course condo. * * * TURNKEY FURNISHED / RENTAL READY! * * * Light and Bright with dual master bedrooms on opposite ends of the home for added privacy. Outstanding Short-Term Rental History VRBO/Airbnb! Located inside the gates of the beautiful Desert Princess Country Club and just minutes from Downtown Palm Springs. With views from every room, this delightful condo features 2 spacious ensuite bedrooms both accessing the covered patio, and bathrooms featuring dual sinks, each with its own walk-in closet. High ceilings throughout the home complete with lake, golf course, pool, fountain, and desert views from your patio, living room, and both bedrooms. The adjacent heated pool and spa feels like your own private resort just outside of your back glass sliders. The home also includes in-unit washer and dryer and detached private garage. Front patio with western mountain views. LOW Land Lease to 2069; only $160.50 a month. Short-term vacation rentals are permitted at the Desert Princess, outstanding rental history with this home. Own a part of the most affordable gated Country Club in the Coachella valley. Desert Princess is known for its many wonderful amenities, offering 27-hole PGA Championship golf course, discounts and preferred tee-times for Owners, no Tee-time lotteries, no initiation fees, and rated among the best courses in the valley by GOLF DIGEST. HOA includes a social membership, cable TV & high speed WiFi internet, membership to Health and Fitness Center, over 35 sparkling swimming pools each with a spa for your enjoyment, grounds and exterior maintenance including roof, pest control, 10-tennis courts, pickleball, bocce ball, state-of-the-art fitness center, saunas, a full service spa that provides massages, facials, and full body treatments, a clubhouse, restaurant, driving range, and racquetball courts. 24 hour guard gated community. This quiet community is just minutes from the world that is Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museums, Theaters, Acrisure Arena, and Street Fairs. Perfect as a desert getaway, full-time residence, or investment property!
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2025-12-25historical
-
2025-09-25$299,000 Active
-
2025-08-22historical
-
2025-05-22$309,000 Active
-
2020-11-10historical
-
2020-08-08$211,000 Active
-
2018-06-14soldstatus $130,000 Sold
-
2018-06-14soldstatus $130,000
-
2018-04-27status Pending
-
2018-04-26historical Contingent
-
2018-01-31status Active
-
2017-10-13status Pending
-
2017-07-27price $135,000
-
2017-02-06$145,000 Active
-
2011-06-15historical
-
2010-09-10Active
-
2010-08-24historical
-
2010-04-26price $168,000
-
2010-03-30price $180,000
-
2009-11-07$187,000 Active
-
2009-09-24historical
-
2009-08-24price $187,000
-
2009-06-01price $189,000
-
2009-02-17price $199,000
-
2008-12-02$210,000
-
2007-11-13historical
-
2007-11-13historical
-
2007-11-13historical
-
2007-08-30price
-
2007-06-03
-
2007-06-01$205,000
-
2007-06-01
-
2007-01-23historical
-
2006-09-22
-
1998-02-06soldstatus $65,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $2,509 · $209/mo
- Projected year-2 tax
- $2,509 · $209/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 2/10 Low FEMA zone X · 9% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 5 d/yr ≥112°F today · 13 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $43,328
- − Mortgage interest
- −$14,844
- − Property taxes
- −$2,509
- − Insurance
- −$1,325
- − Repairs & maintenance
- −$3,466
- − Management
- −$3,466
- − HOA
- −$11,448
- − Depreciation
- −$7,709
- Taxable loss
- −$1,440
- Est. tax savings @ 24.0%
- +$346
- After-tax cash flow
- $2,616/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Palm Springs Unified
- NCES district ID
- 0629550
- Math proficiency
- 21% ▼ -7.00%
- Reading proficiency
- 42% ▬ 0.00%
- Median HH income
- $43,638
- Composite
- 26.76/100
- National rank
- #7131
- State rank
- #328 of 517 in CA
Livability — Cathedral City
- Score
- 66/100
- State rank
- #344
- US rank
- #11749
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cathedral City, CA
- County
- Riverside County · 2,287,001 people
- City population
- 52,267
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 52,267
- Household income
- $73,572
- Rent vs Own
- Severe rent burden
- 1682.0
Population outlook (Riverside County) Hauer SSP2
- Today (2025)
- 2,664,475 people
- By 2030
- 2,802,692 · +5.2%
- By 2040
- 3,050,904 · +14.5%
- By 2050
- 3,256,783 · +22.2%
- By 2075
- 3,655,058 · +37.2%
- By 2100
- 3,766,594 · +41.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
- Hispanic origin (detail)
- Mexican 51%
- Common ancestry
- Lithuanian 2% Romanian 1% Italian 1%
- Foreign-born
- 28% · Canada, Vietnam
- Languages at home
- 48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 1%
Political lean MEDSL · Riverside
- 2024 margin
- Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
- 2008→2024 swing
- -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
- All cycles
- 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -136.57%
- Current HPI
- 356.9845
- Rent YoY
- ▲ 3.22%
- Metro
- Riverside-San Bernardino-Ontario, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
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| Financial Services | 3 | $174B |
|
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| Retail | 3 | $44B |
|
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| Insurance | 3 | $26B |
|
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| Media / Entertainment | 2 | $115B |
|
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+307.7% since first listed40 events — show timeline
- 2026-04-03 Price Changed $265,000 GPSMLS
- 2026-03-04 Price Changed $274,000 GPSMLS
- 2026-02-14 Price Changed $279,000 GPSMLS
- 2026-01-16 Price Changed $289,000 GPSMLS
- 2025-12-26 Listed $299,000 GPSMLS
- 2025-12-25 Listing Removed — GPSMLS
- 2025-09-25 Listed $299,000 GPSMLS
- 2025-08-22 Listing Removed — GPSMLS
- 2025-05-22 Listed $309,000 GPSMLS
- 2020-11-10 Listing Removed — GPSMLS
- 2020-08-08 Listed $211,000 GPSMLS
- 2018-06-14 Sold (Public Records) $130,000 Public Records
- 2018-06-14 Sold (MLS) $130,000 GPSMLS
- 2018-04-27 Pending — GPSMLS
- 2018-04-26 Contingent — GPSMLS
- 2018-01-31 Relisted — GPSMLS
- 2017-10-13 Pending — GPSMLS
- 2017-07-27 Price Changed $135,000 GPSMLS
- 2017-02-06 Listed $145,000 GPSMLS
- 2011-06-15 Delisted — PALM
- 2010-09-10 Listed — PALM
- 2010-08-24 Listing Removed — GPSMLS
- 2010-04-26 Price Changed $168,000 GPSMLS
- 2010-03-30 Price Changed $180,000 GPSMLS
- 2009-11-07 Listed $187,000 GPSMLS
- 2009-09-24 Listing Removed — GPSMLS
- 2009-08-24 Price Changed $187,000 GPSMLS
- 2009-06-01 Price Changed $189,000 GPSMLS
- 2009-02-17 Price Changed $199,000 GPSMLS
- 2008-12-02 Listed $210,000 GPSMLS
- 2007-11-13 Delisted — PALM
- 2007-11-13 Delisted — PALM
- 2007-11-13 Listing Removed — GPSMLS
- 2007-08-30 Price Changed — PALM
- 2007-06-03 Listed — PALM
- 2007-06-01 Listed — PALM
- 2007-06-01 Listed $205,000 GPSMLS
- 2007-01-23 Delisted — PALM
- 2006-09-22 Listed — PALM
- 1998-02-06 Sold (Public Records) $65,000 Public Records
Property tax history
+4.1%/yrLatest (2025): $2,509 · +4.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…