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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rancho Mirage at 10 Shoreline Dr, Rancho Mirage, CA, 92270 priced at $859,900 converts $6,488/mo rent into $745/mo cash flow after a $4,209/mo obligation. Total monthly income equals $6,488/mo, and annual cash flow totals $8,934/yr on $282,907 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 9.05% against a $859,900 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation compiles into $237,575 by year five. Five-year ROI reaches 121.2% and total cumulative return in cash sums $342,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,488/mo property income covering a $4,209/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,098 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood data shown for ZIP Code: 92270, Rancho Mirage, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,976 (100%) |
| Owner Occupied HU | 7,579 (50.6%) |
| Renter Occupied HU | 1,650 (11.0%) |
| Vacant Housing Units | 5,747 (38.4%) |
| Median Home Value | $829,985 |
| Average Home Value | $903,654 |
Residential
13,463
Single Family
11,994
Multi-Family
1,469
Businesses
995
Date | Event | Price |
|---|---|---|
| 2024-08-18 | Listed for sale | $859,900 |
| 2023-08-04 | Listing removed | N/A |
| 2023-07-21 | Listed for rent | $4,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | N/A | N/A | $739,500 | 49.56% |
| 2023-08-27 | $7152.10 | 1.48% | $494,465 | 2.00% |
| 2022-08-27 | $7047.68 | 2.34% | $484,771 | 2.00% |
Listed by: Wade Cox • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls Provider:
Mls ID: #24-424397
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
