38 Tennis Club 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 38 Tennis Club Dr, Rancho Mirage, CA, 92270 priced at $679,000 pairs $4,339/mo rent with $139/mo cash flow after a $3,323/mo payment. Total monthly income equals $4,339/mo, and annual cash flow comes to $1,667/yr on $223,391 invested. Return on cash invested is 20.81% in year one, and rental yield stands at 7.67% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 107.61% and total cumulative return in cash reaches $240,395. For financing, Ziffy Mortgage’s DSCR program evaluates $4,339/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1981
N/A 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: Joshua Russell • Equity Union
Mls Name: CLAW
Mls ID: #25593075PS