home in Palm Springs, CA
This condo in Palm Springs, CA offers 3 bedrooms and 2 bathrooms across 1,750 square feet.
| Price | $485,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1750 |
|---|
| Address | 7591 Calle Mazamitla, Palm Springs, CA 92264 |
|---|
Why buy this home
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- On the market 93 days, which is a long time; sellers are often flexible at this point.
- The asking price has already been cut about 3%, a sign the seller is motivated.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,322/month with 20% down at a 7.28% 30-year fixed rate. You would need about $142,355 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,655/mo |
|---|
| Property tax (new-buyer reassessed rate) | $485/mo |
|---|
| Homeowners insurance | $182/mo |
|---|
| Total monthly | $3,322/mo |
|---|
| Down payment (20%) | $97,000 |
|---|
| Income needed | $142,355/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
|---|
| Beats renting in | 24% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $272,014 |
|---|
| Range (10th to 90th pct) | $170,293 to $384,331 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow