307 Loch Lomond RdRancho MirageCA92270
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Nearby investment properties with comparable prices
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 307 Loch Lomond Rd, Rancho Mirage, CA, 92270 offers a 5.91% rental yield on a $1,549,000 purchase with $7,632/mo rent. 25% in year one. Equity gained on principal adds $9,995/yr while 5% annual appreciation supports $427,960 over five years. Portfolio math shows five-year ROI at 67.91% and total cumulative return in cash at $340,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,632/mo property income against a $7,582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
N/A lot
$N/A/sqft
$825 monthly 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: Anthony D Feroleto • Coldwell Banker Realty
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219129036
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.