Potential Profit$49,360
This property is available as a fixer upper at Verde Way. This property features 2 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,070 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Palm Desert, specifically for Verde Way and comparable listings. Based on this expert analysis, the estimated market value is $382,667. This has potential equity of $49,360. If purchased for rental purposes, the monthly rental rate could range between $1,730 and $2,590, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $49,360. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Verde Way are updated daily along with others in Palm Desert, California, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 5 schools in the area. Nearby schools include Palm Desert High School and Carmenita Middle School.
There are plenty of activities near this property like Palm Desert Public Library, Desert Willow Golf Resort, and more.
Public transportation options include: SunLine Transit Agency bus services connect Palm Desert to neighboring cities., Rideshare services like Uber and Lyft are widely available., Bike trails throughout the city encourage cycling as a means of transportation.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Civic Center Park, Freedom Park and more.
Services available in the area include cellular and internet options.
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The estimated rental value for Verde Way located in Palm Desert, CA is $2,160/month. Comparable homes around Verde Way that are rentals have monthly ranges starting as low as $1,730 per month and as high as $2,590 per month. An owner looking to use this property as an investment could bring a return in the area of $1,730 - $2,590 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 07/08/25 | Fixer Upper | ||
| 05/07/25 | Foreclosure |
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