23 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
Rental property for sale in Rancho Mirage at 23 Prosecco, Rancho Mirage, CA, 92270 offers $4,657/mo rent that, after a $3,157/mo payment, leaves $667/mo cash flow. Total monthly income is $4,657/mo, and annual cash flow is $8,002/yr on $212,205 cash. Return on cash invested measures 23.83% in year one, and rental yield stands at 8.66% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 123.83% and total cumulative return in cash reaches $262,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,657/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
5,501 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: Paul Kaplan • BD Homes-The Paul Kaplan Group
Mls Name: CLAW
Mls ID: #25588977PS