26 Stanford 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 26 Stanford Dr, Rancho Mirage, CA, 92270 earns $503/mo cash flow from $6,064/mo rent with a $4,400/mo payment. Total monthly income totals $6,064/mo, and annual cash flow totals $6,033/yr on $295,771 capital. ROI tracks 22.1% on current figures, and rental yield reads 8.09% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 114.55% and total cumulative return in cash sums $338,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,064/mo property income instead of your personal income.
Condo
Built in 1975
4,791 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: C Muldoon Luxury Group • Equity Union
Mls Name: CRMLS
Mls ID: #219140569DA