19 ProseccoRancho 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 19 Prosecco, Rancho Mirage, CA, 92270 uses $292,481 cash to close to unlock $6,884/yr annual cash flow and $574/mo monthly cash flow. Total monthly income runs $6,073/mo, and a $4,351/mo payment keeps the spread at $574/mo. Purchase price stands at $889,000, and rental yield measures 8.2% with $6,073/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $245,614 over five years. Five-year ROI reaches 116.24% and total cumulative return in cash records $339,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,073/mo property income covering a $4,351/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,268 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: The Morgner Group • Equity Union
Mls Name: CLAW
Mls ID: #25559773PS