11 Calle Encinitas, Rancho Mirage, CA, 92270 | $1,044/mo Cash Flow

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11 Calle Encinitas, Rancho Mirage, CA, 92270 | $1,044/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rancho Mirage at 11 Calle Encinitas, Rancho Mirage, CA, 92270 uses $213,521 cash to close to unlock $12,524/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $5,059/mo, and a $3,177/mo payment keeps the spread at $1,044/mo. Purchase price stands at $649,000, and rental yield measures 9.35% with $5,059/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 135.07% and total cumulative return in cash records $288,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,059/mo property income covering a $3,177/mo payment rather than investor’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

Views! Views! A spectacular 180-degree backdrop of the San Gorgonio, San Jacinto and Santa Rosa Mountain ranges, double fairways and a water feature! A sought-after location steps from the entrance of the Rancho Las Palmas Country Club, this homes foyer welcomes you with a private courtyard and tranquil landscaping. The beveled glass doors and travertine floors in the entry invite you into a vaulted ceiling living space with these magnificent views. Floor-to-ceiling and clerestory windows amplify the bright natural light of the living room, perfect for desert entertaining. The kitchen offers travertine floors and granite countertops. Awnings shade the back patio while you enjoy the comfort of morning and evening views of the double fairway that a one time was the landing strip for private planes before the construction of the Marriott, now Omni, hotels. A converted atrium with skylights serves as a 3rd bedroom. New double paned windows and sliders throughout. Wonderful for full-time or resort living for those seeking a blend of comfort, luxury, and an active lifestyle. As a Rancho Las Palmas Country Club resident, you have access to a 27-hole golf course, 26 swimming pools and spas, a fitness facility, tennis courts, and more. Minutes from the Omni Resort, this home invites you to take a short walk to The River, a destination for movies, dining and evening entertainment. Rancho Mirage is central to Palm Springs, Palm Desert, the famed El Paseo shopping district, and easy access to golf courses, hiking, and top dining. Do not miss the opportunity to own this exceptional home that combines luxury living with golf course & mountain views.

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