29435 Sandy Ct · Cathedral City, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- 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
- 14 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 +20.3/30.0
- ARV discount +15.0/15.0
- 1% rule +8.5/10.0
- DSCR +6.4/10.0
- 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
$350,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.
Key facts
- Open floor plan
- Cozy fireplace
- Granite countertops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $350k.
Deal economics
- At list price, monthly cash flow is $448 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $350k).
- Recommended offer: $329k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.8% 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); 88% 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 $4,723/mo this rent would consume 77% 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 $10k 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 78 days — a 6% lower offer ($329k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 16y ago; this cycle's ask has dropped $30k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $220k; list at $350k implies a 59% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 21% of rent.
- Climate carrying-cost: extreme-heat days projected 5→14/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 78 days. Have you received any prior offers? Is the seller open to a 6% 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?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.35% ✓
- Cap rate
- 7.83%
- Cash-on-cash
- 5.49%
- DSCR
- 1.24
- GRM
- 6.2
CMA / ARV
- ARV (median comp)
- $554,590
- List price
- $350,000
- Delta
- -36.89%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 67720 S Natoma Dr | 0.05mi | 3/2.5 | 1,684 (-2%) | 0mo | $474,900 | $282 | 92 |
| 67690 S Laguna Dr | 0.12mi | 3/2.5 | 1,825 (+7%) | 2mo | $355,000 | $195 | 80 |
| 67897 Pamela Ln | 0.43mi | 3/3.0 | 1,734 (+1%) | 2mo | $640,000 | $369 | 72 |
| 29616 W Trancas Dr | 0.13mi | 3/3.0 | 1,905 (+11%) | 0mo | $579,000 | $304 | 71 |
| 29709 W Laguna | 0.31mi | 3/3.0 | 1,825 (+7%) | 0mo | $589,000 | $323 | 70 |
| 68090 Santelmo Rd | 0.39mi | 4/3.0 (+1) | 1,681 (-2%) | 0mo | $510,000 | $303 | 70 |
| 29352 W Laguna Dr | 0.40mi | 3/2.5 | 1,825 (+7%) | 2mo | $650,000 | $356 | 67 |
| 30320 Travis Ave | 0.48mi | 3/2.0 | 1,523 (-11%) | 2mo | $490,000 | $322 | 58 |
| 29438 W Laguna Dr | 0.34mi | 2/2.5 (-1) | 1,500 (-12%) | 2mo | $537,500 | $358 | 55 |
| 68420 Durango | 0.60mi | 3/2.5 | 1,864 (+9%) | 2mo | $495,000 | $266 | 53 |
| 67413 Lakota Ct | 0.53mi | 3/2.5 | 1,951 (+14%) | 2mo | $682,000 | $350 | 48 |
| 67343 Zuni Ct | 0.62mi | 3/2.5 | 1,951 (+14%) | 1mo | $560,000 | $287 | 45 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.22% rent growth · sell at horizon
- IRR
- -7.3%
- Equity multiple
- 0.73×
- Total profit
- $-26,533
- Equity at exit
- $52,186
- IRR
- 2.8%
- Equity multiple
- 1.21×
- Total profit
- $20,401
- Equity at exit
- $30,262
Cash invested: $98,000 (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
- 6.2×
Monthly cashflow live
- Estimated rent
- $4,723 high interval (Pro) →
- Mortgage (P&I)
- −$1,835
- Tax from tax record
- −$307 /mo · $3,679/yr
- Insurance
- −$146
- HOA
- −$995
- Vacancy / Maint / Mgmt
- −$992
- Net cashflow
- $448
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
- $87,500
- Closing costs
- $10,500
- 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 |
|---|---|---|---|---|---|---|---|---|
| 67727 S Natoma Dr Cathedral City, CA | 2.0 | 3.0 | 1425 | $4,500 | $3.16 | 43d | 1 | 0.06mi |
| 29576 Sandy Ct Cathedral City, CA | 3.0 | 2.0 | 1503 | $5,000 | $3.33 | 43d | 1 | 0.07mi |
| 29521 E Trancas Dr Cathedral City, CA | 2.0 | 3.0 | 1576 | $5,500 | $3.49 | 43d | 1 | 0.11mi |
| 29756 Sandy Ct Cathedral City, CA | 3.0 | 3.0 | 1732 | $4,900 | $2.83 | 43d | 1 | 0.14mi |
| 29777 Sandy Ct Cathedral City, CA | 3.0 | 3.0 | 1841 | $5,000 | $2.72 | 43d | 1 | 0.17mi |
| 29631 W Trancas Dr Cathedral City, CA | 2.0 | 2.5 | 1533 | $6,300 | $4.11 | 43d | 1 | 0.18mi |
| 67683 S Laguna Dr Cathedral City, CA | 2.0 | 3.0 | 1825 | $5,000 | $2.74 | 43d | 1 | 0.18mi |
| 29704 W Trancas Dr Cathedral City, CA | 2.0 | 2.5 | 1425 | $6,000 | $4.21 | 43d | 1 | 0.19mi |
| 29118 Desert Princess Dr Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 43d | 1 | 0.19mi |
| 29199 E Portales Dr Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,200 | $3.57 | 43d | 1 | 0.20mi |
| 67659 S Natoma Dr Cathedral City, CA | 2.0 | 2.5 | 1684 | $6,800 | $4.04 | 43d | 1 | 0.21mi |
| 67665 Lagos Way Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 43d | 1 | 0.23mi |
| 29899 E Trancas Dr Cathedral City, CA | 2.0 | 2.0 | 1690 | $4,000 | $2.37 | 43d | 1 | 0.24mi |
| 67646 S Natoma Dr Cathedral City, CA | 2.0 | 3.0 | 1686 | $6,000 | $3.56 | 43d | 1 | 0.25mi |
| 28964 Desert Princess Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,700 | $2.29 | 43d | 1 | 0.26mi |
| 28868 Isleta Ct Unit 702 Cathedral City, CA | 2.0 | 2.0 | 1285 | $4,900 | $3.81 | 24d | 1 | 0.26mi |
| 28868 Isleta Ct Cathedral City, CA | 2.0 | 2.0 | 1285 | $4,900 | $3.81 | 43d | 1 | 0.26mi |
| 67645 Cielo Ct Cathedral City, CA | 2.0 | 2.5 | 1604 | $6,800 | $4.24 | 43d | 1 | 0.27mi |
| 67568 S Laguna Dr Cathedral City, CA | 3.0 | 2.5 | 1825 | $7,000 | $3.84 | 24d | 1 | 0.27mi |
| 68125 Alva Ct Cathedral City, CA | 3.0 | 2.0 | 1544 | $3,200 | $2.07 | 43d | 1 | 0.28mi |
| 67636 S Natoma Dr Cathedral City, CA | 2.0 | 2.5 | 1533 | $5,000 | $3.26 | 43d | 1 | 0.28mi |
| 28859 Desert Princess Dr Cathedral City, CA | 3.0 | 2.0 | 1285 | $3,700 | $2.88 | 43d | 1 | 0.28mi |
| 67579 S Laguna Dr Cathedral City, CA | 2.0 | 2.5 | 1704 | $6,300 | $3.70 | 43d | 1 | 0.29mi |
| 28914 Desert Princess Dr Unit 702 Palm Springs, CA | 2.0 | 2.0 | 1212 | $4,200 | $3.47 | 24d | 1 | 0.29mi |
| 67595 Lagos Way Cathedral City, CA | 3.0 | 3.0 | 1285 | $3,500 | $2.72 | 43d | 1 | 0.29mi |
| 28827 Isleta Ct Cathedral City, CA | 3.0 | 2.0 | 1285 | $4,500 | $3.50 | 43d | 1 | 0.30mi |
| 67550 S Laguna Dr Cathedral City, CA | 2.0 | 3.0 | 1825 | $5,500 | $3.01 | 43d | 1 | 0.30mi |
| 29869 W Laguna Dr Cathedral City, CA | 2.0 | 3.0 | 1604 | $5,700 | $3.55 | 43d | 1 | 0.31mi |
| 67613 Cielo Ct Cathedral City, CA | 3.0 | 2.5 | 1825 | $6,500 | $3.56 | 43d | 1 | 0.31mi |
| 29578 W Laguna Dr Cathedral City, CA | 2.0 | 3.0 | 1604 | $7,000 | $4.36 | 43d | 1 | 0.31mi |
| 67857 30th Ave Cathedral City, CA | 3.0 | 2.0 | 1523 | $3,500 | $2.30 | 14d | 1 | 0.33mi |
| 29581 W Laguna Dr Cathedral City, CA | 3.0 | 3.0 | 1825 | $6,000 | $3.29 | 43d | 1 | 0.33mi |
| 29488 W Laguna Dr Cathedral City, CA | 3.0 | 3.0 | 1604 | $5,500 | $3.43 | 43d | 1 | 0.35mi |
| 28764 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,400 | $3.74 | 43d | 1 | 0.36mi |
| 28920 W Natoma Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $4,000 | $3.40 | 43d | 1 | 0.37mi |
| 29017 W Natoma Dr Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,395 | $2.03 | 43d | 1 | 0.38mi |
| 28656 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1177 | $2,200 | $1.87 | 43d | 1 | 0.39mi |
| 29348 W Laguna Dr Cathedral City, CA | 2.0 | 2.5 | 1650 | $6,300 | $3.82 | 43d | 1 | 0.41mi |
| 28602 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $4,000 | $3.30 | 43d | 1 | 0.42mi |
| 28464 Taos Ct Cathedral City, CA | 2.0 | 2.0 | 1212 | $2,100 | $1.73 | 23d | 1 | 0.49mi |
HOA detail
- Monthly dues
- $995 · $11,940/yr
- Likely covers
- poolgymsecurity
Listing history 28 events
-
2026-05-31days on market $350,000 Active 78 DOM
-
2026-05-06price $350,000 969-char remark
Show marketing remark (969 chars)
Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.
-
2026-04-07price $377,000 969-char remark
Show marketing remark (969 chars)
Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.
-
2026-03-15price $387,000 969-char remark
Show marketing remark (969 chars)
Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.
-
2026-03-14$380,000 Active 969-char remark
Show marketing remark (969 chars)
Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.
-
2017-04-12status Pending 798-char remark
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
-
2017-04-11soldstatus $220,000 Sold 798-char remark
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
-
2017-04-11soldstatus $220,000
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
-
2017-03-21historical Contingent 798-char remark
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
-
2017-02-14price $229,500 798-char remark
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
-
2016-10-01$235,000 Active 798-char remark
Show marketing remark (798 chars)
Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.
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2016-08-10historical Hold
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2016-06-08price $249,900
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2016-03-29$255,000 Active
-
2015-07-07historical
-
2015-01-13price $255,000
-
2015-01-12$250,000 Active
-
2014-05-05historical
-
2013-11-04$268,850 Active
-
2013-07-03historical
-
2013-01-02$278,000 Active
-
2012-07-13historical
-
2012-03-07price $268,850
-
2012-01-20$289,000 Active
-
2011-10-11historical
-
2011-04-09Active
-
2010-12-16historical
-
2010-07-25$315,000 Active
ⓘ 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
- $3,679 · $307/mo
- Projected year-2 tax
- $3,679 · $307/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 1/10 Low FEMA zone X · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 5 d/yr ≥112°F today · 14 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
- $56,671
- − Mortgage interest
- −$19,605
- − Property taxes
- −$3,679
- − Insurance
- −$1,750
- − Repairs & maintenance
- −$4,534
- − Management
- −$4,534
- − HOA
- −$11,940
- − Depreciation
- −$10,182
- Taxable income
- $447
- Est. tax owed @ 24.0%
- −$107
- After-tax cash flow
- $5,268/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
+11.1% since first listed27 events — show timeline
- 2026-05-06 Price Changed $350,000 TheMLS
- 2026-04-07 Price Changed $377,000 TheMLS
- 2026-03-15 Price Changed $387,000 TheMLS
- 2026-03-14 Listed $380,000 TheMLS
- 2017-04-12 Pending — GPSMLS
- 2017-04-11 Sold (Public Records) $220,000 Public Records
- 2017-04-11 Sold (MLS) $220,000 GPSMLS
- 2017-03-21 Contingent — GPSMLS
- 2017-02-14 Price Changed $229,500 GPSMLS
- 2016-10-01 Listed $235,000 GPSMLS
- 2016-08-10 Delisted — GPSMLS
- 2016-06-08 Price Changed $249,900 GPSMLS
- 2016-03-29 Listed $255,000 GPSMLS
- 2015-07-07 Listing Removed — GPSMLS
- 2015-01-13 Price Changed $255,000 GPSMLS
- 2015-01-12 Listed $250,000 GPSMLS
- 2014-05-05 Listing Removed — GPSMLS
- 2013-11-04 Listed $268,850 GPSMLS
- 2013-07-03 Listing Removed — GPSMLS
- 2013-01-02 Listed $278,000 GPSMLS
- 2012-07-13 Listing Removed — GPSMLS
- 2012-03-07 Price Changed $268,850 GPSMLS
- 2012-01-20 Listed $289,000 GPSMLS
- 2011-10-11 Delisted — PALM
- 2011-04-09 Listed — PALM
- 2010-12-16 Listing Removed — GPSMLS
- 2010-07-25 Listed $315,000 GPSMLS
Property tax history
-0.2%/yrLatest (2025): $3,679 · -0.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…