24 Haig 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
Rental property for sale in Rancho Mirage at 24 Haig Dr, Rancho Mirage, CA, 92270 priced at $395,000 pairs $2,762/mo rent with $319/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,762/mo, and annual cash flow comes to $3,825/yr on $130,943 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.39% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 118.5% and total cumulative return in cash reaches $155,166. For financing, Ziffy Mortgage’s DSCR program evaluates $2,762/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
1,720 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: Encore Premier Group • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219140938PS