284 Loch Lomond Rd, Rancho Mirage, CA, 92270 | 3.75% Rental Yield

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284 Loch Lomond Rd, Rancho Mirage, CA, 92270 | 3.75% Rental Yield | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rancho Mirage at 284 Loch Lomond Rd, Rancho Mirage, CA, 92270 priced at $1,995,000 pairs $6,234/mo rent with after a $9,765/mo payment. Total monthly income equals $6,234/mo. Return on cash invested is 9.03% in year one, and rental yield stands at 3.75% on a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and 5% annual appreciation accumulates to $551,182 by year five. Five-year ROI measures 44.41% and total cumulative return in cash reaches $287,049. For financing, Ziffy Mortgage’s DSCR program evaluates $6,234/mo property income against a $9,765/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2002

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 284 Loch Lomond in the guard gated community of Mission Hills Country Club! South Facing home with Stunning Mountain, double Pete Dye Fairway Views from expansive backyard and Open Great Room Floor Plan. Enter through a Private Gated Courtyard and Double Glass Front Doors to a Great Room Open to the Living/Lounge & Formal Dining rooms share a double-sided fireplace, and a Gourmet Chef's Kitchen. Great Room has Entertainer's Bar, TV Room, Informal Dining with Wine Storage all overlooking the Pool Terrace, golf course with Panoramic Santa Rosa Mountain Views. The entertainers Kitchen comes with Stainless Appliances, Granite Countertops and a large Island with plenty of counter seating. The Master Suite has access to the pool terrace, an amazing Spa Bath retreat. 2 Guest Bedrooms with ensuite Baths in the main house and a Casita provide great space for family and friends. Outside you will find stunning fairway and mountain views. The Sunken Pool and Spa with waterfall, the covered Outdoor Living Room and firepit are waiting for you to enjoy your own private paradise. Extra large grass yard with walled back for enjoying privacy. Solar powered. Legacy ownership includes Mission Hills Country Club social and fitness membership. Your desert Zen oasis awaits!

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