8 Lake Como CtRancho 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 8 Lake Como Ct, Rancho Mirage, CA, 92270 priced at $774,900 converts $4,400/mo rent into after a $3,793/mo obligation. Total monthly income equals $4,400/mo. Return on cash invested prints 18.21% in year one, and rental yield reads 6.81% against a $774,900 entry. Equity gained on principal adds $5,000/yr, while 5% annual appreciation compiles into $214,091 by year five. Five-year ROI reaches 93.68% and total cumulative return in cash sums $238,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,400/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 2005
7,840 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: Gary Williams • Bennion Deville Homes
Mls Name: CLAW
Mls ID: #26634535PS