44 Malaga 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 44 Malaga Dr, Rancho Mirage, CA, 92270 uses $95,804 cash to close to unlock $9,308/yr annual cash flow and $776/mo monthly cash flow. Total monthly income runs $2,564/mo, and a $1,415/mo payment keeps the spread at $776/mo. Purchase price stands at $289,000, and rental yield measures 10.65% with $2,564/mo rent. Return on cash invested shows 29.63% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 154.96% and total cumulative return in cash records $148,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,564/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1975
1,742 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: John Jay • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219141309DA