OFF_MARKETExcellent Deal19 days on market

466 Cerritos Way

466 Cerritos Way, Cathedral City, CA 92234, Cathedral City, CA 92234
$120,000

Listing Price

Property image 1
466 Cerritos Way, Cathedral City, CA 92234
Loc: Cathedral City, CA
Days Listed
19
Rent Estimate
$2,122/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Rancho Mirage Elementary School

K-5
3.1 mi away
4

Nellie N. Coffman Middle School

6-8
1.3 mi away
4

Cathedral City High School

9-12
1.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
16.90%
Total ROI
74.2%
Cash Flow
$1,083/mo
DSCR
2.78
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-09Listed for sale$120,000$73
2026-06-04Listing removed$0
2026-04-16Listed for sale$120,000$73
2023-06-01Listing removed$0
2023-04-12Listed for sale$124,900$76
2017-05-15Sold$10,000$6
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,640
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $120,000Rent Basis: Observed Comp Model ($2,122/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $150/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
14.09%

NOI: $16,907/yr

Cash-on-Cash Yield
34.2%

On $27,600 invested

DSCR Ratio
2.26x

Prime loan qualification

5-Yr Leveraged ROI
+265.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$75/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$106/mo
Repairs & Maintenance (10% of rent)-$212/mo
Property Management (8% of rent)-$170/mo
Total Pure Operating Expenses-$713/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,122/mo
Less: Operating Expenses-$713/mo
Net Operating Income (NOI)+$1,409/mo
Less: Debt Service (30yr @ 6.75%)-$623/mo
Net Cash Flow
$786/mo
$9,435/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Cathedral City.