93 CabernetRancho MirageCA92270
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Nearby investment properties with comparable prices
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 93 Cabernet, Rancho Mirage, CA, 92270 priced at $824,999 pairs $5,566/mo rent with $462/mo cash flow after a $4,038/mo payment. Total monthly income equals $5,566/mo, and annual cash flow comes to $5,549/yr on $271,425 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 8.1% on a $824,999 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 114.58% and total cumulative return in cash reaches $311,000. For financing, Ziffy Mortgage’s DSCR program evaluates $5,566/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
6,412 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: Shelley Cohen • Equity Union
Mls Name: CLAW
Mls ID: #25537485