105 Augusta DrRancho MirageCA92270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Rancho Mirage at 105 Augusta Dr, Rancho Mirage, CA, 92270 uses $189,175 cash to close to unlock $8,283/yr annual cash flow and $690/mo monthly cash flow. Total monthly income runs $4,247/mo, and a $2,814/mo payment keeps the spread at $690/mo. Purchase price stands at $575,000, and rental yield measures 8.86% with $4,247/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 127.11% and total cumulative return in cash records $240,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,247/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1988
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92270, Rancho Mirage, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,463
Single Family
11,994
Multi-Family
1,469
Businesses
995
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brady Sandahl • Keller Williams Luxury Homes
Mls Name: CLAW
Mls ID: #25617229PS