85 Cork Tree, Rancho Mirage, CA, 92270 | $826/mo Cash Flow

For Sale

Currently Rented

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rancho Mirage at 85 Cork Tree, Rancho Mirage, CA, 92270 priced at $749,900 pairs $6,186/mo rent with $826/mo cash flow after a $3,670/mo payment. Total monthly income equals $6,186/mo, and annual cash flow comes to $9,906/yr on $246,717 invested. Return on cash invested is 24.08% in year one, and rental yield stands at 9.9% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 126.43% and total cumulative return in cash reaches $311,926. For financing, Ziffy Mortgage’s DSCR program evaluates $6,186/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2021

N/A lot

$N/A/sqft

$445 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