34870 Mission Hills 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 34870 Mission Hills Dr, Rancho Mirage, CA, 92270 listed at $795,000 pairs $7,570/mo rent with a $3,891/mo payment to leave $2,652/mo cash flow. Total monthly income runs $7,570/mo, and annual cash flow reaches $31,825/yr on $261,555 cash to close. Return on cash invested measures 32.23% in year one, and rental yield registers 11.43% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 168.88% and total cumulative return in cash totals $441,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,570/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
5,227 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: #219140902DA