14 Columbia DrRancho MirageCA92270
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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
Investment Highlights
Investment property for sale in Rancho Mirage at 14 Columbia Dr, Rancho Mirage, CA, 92270 at $765,000 posts ROI 26.79% with $1,411/mo cash flow from $6,143/mo rent. Total monthly income equals $6,143/mo, and annual cash flow records $16,930/yr on $251,685 to close. Return on cash invested measures 26.79% and rental yield reads 9.64% at the current $765,000. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 by year five. Five-year ROI prints 139.68% and total cumulative return in cash totals $351,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,143/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
5,662 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
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Listed by: Judy Baggott • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #25598459PS