175 Torremolinos 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 175 Torremolinos Dr, Rancho Mirage, CA, 92270 at $459,000 posts ROI 25.79% with $746/mo cash flow from $3,586/mo rent. Total monthly income equals $3,586/mo, and annual cash flow records $8,953/yr on $152,159 to close. Return on cash invested measures 25.79% and rental yield reads 9.38% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 134.42% and total cumulative return in cash totals $204,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,586/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1977
2,178 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: Galina Tucker • Compass
Mls Name: CRMLS
Mls ID: #219141133DA