67343 Zuni Ct · Cathedral City, CA 92234

$599,000

3 bd · 2.5 ba · 1,951 sqft · SingleFamily public records · 137 Days on market

Built 2018 6,098 sqft lot $307/sqft · 22% below area Est $764k · 22% under $995/mo HOA · 18% of rent ↓ 20% since listing

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +7.8/30.0
• 1% rule +4.0/10.0
• Rent growth +3.3/5.0
• Livability +3.3/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

LARGE PRICE REDUCTION! YOU OWN THE LAND! Imagine waking up to breathtaking mountain views in your stunning Desert Princess family home. This beautiful property boasts three spacious bedrooms, two and a half baths, and a well-appointed kitchen perfect for cooking and entertaining. The large pantry provides ample storage for all your culinary needs, while the all-tile flooring and tankless water heater add a touch of luxury and efficiency. With close proximity to a pool and spa, you'll enjoy the best of Desert Princess living. The home also includes wall-mounted TVs, making it the perfect retreat for families and individuals alike. Don't miss out on this incredible opportunity to own a piece of paradise. HOA DUES INCLUDE: 2 DVR or HD Cable boxes and service, High Speed Internet, grounds maintained to your door by HOA ground maintenance crew, outside pest control when requested, outside water, (you pay only for inside water). Gated community with 24 hour guard gate access, membership to Health and Fitness Center, Tennis, Bocce Ball, Pickleball. Discounts and preferred tee-times for owners at the Desert Princess 27-hole PGA Championship golf course, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair.

Key facts

• Gated community
• All-tile flooring
• Large pantry

Tags

• WELL-APPOINTED KITCHEN
• LARGE PANTRY
• ALL-TILE FLOORING
• TANKLESS WATER HEATER
• GATED COMMUNITY
• 24 HOUR GUARD GATE ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $599k.

Deal economics

• At list price, monthly cash flow is $-676 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $480k (19.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $538k (10.1% below list).
• Recommended offer: $480k (19.9% below list) — sets the bar for cash-flow.

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+, amenities D-, cost of living F.
• 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.
• Zoned schools: Rio Vista Elementary (690 students, 96% FRL); James Workman Middle (1,028 students, 99% FRL); Cathedral City High (math 25% / reading 61%, grade F, #460 of 1,170 statewide, top 40%, 1,395 students, 98% FRL) — zoned schools average 98% FRL vs 73% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.2%/yr); 529 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% 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 $5,384/mo this rent would consume 88% 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 $4k of loan paydown is wiped out by about $18k 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 137 days — a 12% lower offer ($527k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $49k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $479,539 (19.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 137 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.90% ✗
• Cap rate: 4.94%
• Cash-on-cash: -4.84%
• DSCR: 0.78
• GRM: 9.3

CMA / ARV

• ARV (median comp): $763,722
• List price: $599,000
• Delta: -21.57%
• 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
67343 Zuni Ct	0.00mi	3/2.5	1,951 (0%)	1mo	$560,000	$287	99
67413 Lakota Ct	0.10mi	3/2.5	1,951 (0%)	2mo	$682,000	$350	94
67665 S Natoma Dr	0.45mi	3/2.5	1,905 (-2%)	3mo	$615,000	$323	73
29352 W Laguna Dr	0.37mi	3/2.5	1,825 (-6%)	2mo	$650,000	$356	70
29616 W Trancas Dr	0.62mi	3/3.0	1,905 (-2%)	0mo	$579,000	$304	65
67690 S Laguna Dr	0.55mi	3/2.5	1,825 (-6%)	2mo	$355,000	$195	61
29320 S Laguna Dr	0.62mi	3/3.0	1,841 (-6%)	3mo	$460,000	$250	57
29709 W Laguna	0.66mi	3/3.0	1,825 (-6%)	0mo	$589,000	$323	56
67690 Peineta Rd	0.55mi	3/2.0	1,702 (-13%)	0mo	$350,000	$206	51
67720 S Natoma Dr	0.57mi	3/2.5	1,684 (-14%)	0mo	$474,900	$282	50
67305 Medano Rd	0.67mi	4/2.0 (+1)	1,721 (-12%)	2mo	$595,000	$346	40
68090 Santelmo Rd	0.74mi	4/3.0 (+1)	1,681 (-14%)	0mo	$510,000	$303	35

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

5-year hold

• IRR: -24.1%
• Equity multiple: 0.17×
• Total profit: $-138,373
• Equity at exit: $89,313

10-year hold

• IRR: -18.3%
• Equity multiple: -0.01×
• Total profit: $-168,726
• Equity at exit: $51,791

Cash invested: $167,720 (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

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92234

• Home prices YoY: -27.7%
• Rents YoY: 3.2%
• Active inventory: 529
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $5,384 high
• Mortgage (P&I): −$3,141
• Tax from tax record: −$544 /mo · $6,529/yr
• Insurance: −$250
• HOA: −$995
• Vacancy / Maint / Mgmt: −$1,131
• Net cashflow: $-676

Break-even live

Break-even rent $6,240

Max offer price $479,539

Occupancy floor —

Sensitivity live

Price	-10% $-337	-5% $-507	+0% $-676	+5% $-846	+10% $-1,015
Rent	-10% $-1,102	-5% $-889	+0% $-676	+5% $-464	+10% $-251
Rate	-1.0pp $-375	-0.5pp $-524	base $-676	+0.5pp $-831	+1.0pp $-989

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: $149,750
• Closing costs: $17,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
67372 Zuni Ct Cathedral City, CA	3.0	3.5	2101	$7,000	$3.33	45d	1	0.02mi
67385 Zuni Ct Cathedral City, CA	3.0	3.0	2101	$7,000	$3.33	45d	1	0.04mi
67296 Lakota Ct Cathedral City, CA	3.0	2.5	1860	$6,300	$3.39	45d	1	0.08mi
67232 S Chimayo Dr Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.16mi
67361 N Laguna Dr Cathedral City, CA	3.0	2.5	1870	$6,000	$3.21	45d	1	0.18mi
29170 W Laguna Dr Cathedral City, CA	2.0	3.0	1425	$6,000	$4.21	45d	1	0.24mi
67242 Cumbres Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	26d	1	0.26mi
67645 S Natoma Dr Cathedral City, CA	2.0	3.0	1686	$6,800	$4.03	45d	1	0.29mi
67595 Lagos Way Cathedral City, CA	3.0	3.0	1285	$3,500	$2.72	45d	1	0.34mi
28859 Desert Princess Dr Cathedral City, CA	3.0	2.0	1285	$3,700	$2.88	45d	1	0.35mi
67636 S Natoma Dr Cathedral City, CA	2.0	2.5	1533	$5,000	$3.26	45d	1	0.37mi
29348 W Laguna Dr Cathedral City, CA	2.0	2.5	1650	$6,300	$3.82	45d	1	0.38mi
67665 Lagos Way Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.39mi
67646 S Natoma Dr Cathedral City, CA	2.0	3.0	1686	$6,000	$3.56	45d	1	0.40mi
67659 S Natoma Dr Cathedral City, CA	2.0	2.5	1684	$6,800	$4.04	45d	1	0.44mi
67550 S Laguna Dr Cathedral City, CA	2.0	3.0	1825	$5,500	$3.01	45d	1	0.45mi
67568 S Laguna Dr Cathedral City, CA	3.0	2.5	1825	$7,000	$3.84	26d	1	0.46mi
28827 Isleta Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.48mi
67579 S Laguna Dr Cathedral City, CA	2.0	2.5	1704	$6,300	$3.70	45d	1	0.48mi
929 Bernardi Ln Palm Springs, CA	3.0	2.5	2579	$6,000	$2.33	45d	1	0.50mi
939 Bernardi Ln Palm Springs, CA	3.0	2.5	2517	$13,000	$5.16	23d	1	0.51mi
27695 Hombria Dr Cathedral City, CA	3.0	2.0	1892	$3,300	$1.74	12d	1	0.51mi
27695 Hombria Dr Cathedral City, CA	3.0	2.0	1892	$3,350	$1.77	23d	1	0.51mi
29488 W Laguna Dr Cathedral City, CA	3.0	3.0	1604	$5,500	$3.43	45d	1	0.54mi
28868 Isleta Ct Unit 702 Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	26d	1	0.54mi
28868 Isleta Ct Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	45d	1	0.54mi
67683 S Laguna Dr Cathedral City, CA	2.0	3.0	1825	$5,000	$2.74	45d	1	0.54mi
27650 Hombria Dr Cathedral City, CA	4.0	2.5	2233	$3,200	$1.43	45d	1	0.55mi
29578 W Laguna Dr Cathedral City, CA	2.0	3.0	1604	$7,000	$4.36	45d	1	0.56mi
67185 Rango Rd Cathedral City, CA	4.0	3.0	2303	$3,450	$1.50	45d	1	0.58mi
67727 S Natoma Dr Cathedral City, CA	2.0	3.0	1425	$4,500	$3.16	45d	1	0.58mi
67613 Cielo Ct Cathedral City, CA	3.0	2.5	1825	$6,500	$3.56	45d	1	0.60mi
29581 W Laguna Dr Cathedral City, CA	3.0	3.0	1825	$6,000	$3.29	45d	1	0.61mi
27500 Avenida Quintana Cathedral City, CA	3.0	2.0	1865	$3,500	$1.88	23d	1	0.61mi
67645 Cielo Ct Cathedral City, CA	2.0	2.5	1604	$6,800	$4.24	45d	1	0.61mi
29631 W Trancas Dr Cathedral City, CA	2.0	2.5	1533	$6,300	$4.11	45d	1	0.62mi
67765 Ovante Rd Cathedral City, CA	3.0	2.0	1446	$2,699	$1.87	16d	1	0.66mi
29704 W Trancas Dr Cathedral City, CA	2.0	2.5	1425	$6,000	$4.21	45d	1	0.66mi
29576 Sandy Ct Cathedral City, CA	3.0	2.0	1503	$5,000	$3.33	45d	1	0.68mi
28260 Landau Blvd Unit B Cathedral City, CA	3.0	2.0	1354	$2,475	$1.83	0d	1	0.69mi

HOA detail

• Monthly dues: $995 · $11,940/yr
• Likely covers: waterinternetcablelandscapingpoolgymsecurity

Listing history 7 events

1. 2026-03-21
   price $599,000 1447-char remark

   Show marketing remark (1447 chars)

   LARGE PRICE REDUCTION! YOU OWN THE LAND! Imagine waking up to breathtaking mountain views in your stunning Desert Princess family home. This beautiful property boasts three spacious bedrooms, two and a half baths, and a well-appointed kitchen perfect for cooking and entertaining. The large pantry provides ample storage for all your culinary needs, while the all-tile flooring and tankless water heater add a touch of luxury and efficiency. With close proximity to a pool and spa, you'll enjoy the best of Desert Princess living. The home also includes wall-mounted TVs, making it the perfect retreat for families and individuals alike. Don't miss out on this incredible opportunity to own a piece of paradise. HOA DUES INCLUDE: 2 DVR or HD Cable boxes and service, High Speed Internet, grounds maintained to your door by HOA ground maintenance crew, outside pest control when requested, outside water, (you pay only for inside water). Gated community with 24 hour guard gate access, membership to Health and Fitness Center, Tennis, Bocce Ball, Pickleball. Discounts and preferred tee-times for owners at the Desert Princess 27-hole PGA Championship golf course, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair.

2. 2026-01-05
   listed $648,000 Active 1447-char remark

   Show marketing remark (1447 chars)

   LARGE PRICE REDUCTION! YOU OWN THE LAND! Imagine waking up to breathtaking mountain views in your stunning Desert Princess family home. This beautiful property boasts three spacious bedrooms, two and a half baths, and a well-appointed kitchen perfect for cooking and entertaining. The large pantry provides ample storage for all your culinary needs, while the all-tile flooring and tankless water heater add a touch of luxury and efficiency. With close proximity to a pool and spa, you'll enjoy the best of Desert Princess living. The home also includes wall-mounted TVs, making it the perfect retreat for families and individuals alike. Don't miss out on this incredible opportunity to own a piece of paradise. HOA DUES INCLUDE: 2 DVR or HD Cable boxes and service, High Speed Internet, grounds maintained to your door by HOA ground maintenance crew, outside pest control when requested, outside water, (you pay only for inside water). Gated community with 24 hour guard gate access, membership to Health and Fitness Center, Tennis, Bocce Ball, Pickleball. Discounts and preferred tee-times for owners at the Desert Princess 27-hole PGA Championship golf course, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair.

3. 2025-08-12
   historical
4. 2025-06-18
   price $625,000
5. 2025-04-10
   price $675,000
6. 2025-03-18
   price $695,000
7. 2025-01-16
   listed $745,000 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: $6,529 · $544/mo
• Projected year-2 tax: $6,529 · $544/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 3/10 Moderate FEMA zone X · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 20 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

Taxation est. · year 1

• Rental income: $64,612
• − Mortgage interest: −$33,553
• − Property taxes: −$6,529
• − Insurance: −$2,995
• − Repairs & maintenance: −$5,169
• − Management: −$5,169
• − HOA: −$11,940
• − Depreciation: −$17,425
• Taxable loss: −$18,168
• Est. tax savings @ 24.0%: +$4,360
• After-tax cash flow: $-3,755/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

Amenities D- Commute A+ Cost of living F Crime B- Employment D+ Housing B+ Health & safety F User ratings B

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: 33.5% rent · 66.5% 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-19.6% since first listed

7 events — show timeline

• 2026-03-21 Price Changed $599,000 GPSMLS
• 2026-01-05 Listed $648,000 GPSMLS
• 2025-08-12 Listing Removed — GPSMLS
• 2025-06-18 Price Changed $625,000 GPSMLS
• 2025-04-10 Price Changed $675,000 GPSMLS
• 2025-03-18 Price Changed $695,000 GPSMLS
• 2025-01-16 Listed $745,000 GPSMLS

Property tax history

+37.1%/yr

Latest (2025): $6,529 · -0.6% YoY. Source: county tax records.