929 Inverness Dr · Rancho Mirage, CA 92270

$529,000

2 bd · 2.0 ba · 2,044 sqft · Condo public records · 72 Days on market

Built 1982 $259/sqft · 14% below area Est $615k · 14% under $870/mo HOA · 19% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.8/15.0
• Cash flow +7.4/30.0
• 1% rule +3.8/10.0
• Rent growth +3.4/5.0
• Schools +2.7/10.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautifully maintained condo home located within the highly sought-after guard-gated Mission Hills Country Club, offering exceptional amenities including three private golf courses, 27 tennis courts, pools, spas, a premier fitness center, and optional golf, tennis, and social memberships. Enter the lovely private courtyard with tranquil fountain and room to relax. The main no-step living area is both dramatic and inviting, highlighted by a vaulted wood-beam ceiling, ceramic tiled flooring, bar with beverage refrigerator, gas fireplace, and open sightlines that frame the panoramic golf course views. The main bedroom suite is a serene retreat with breathtaking picture window with serene views and direct access to the terrace. The updated bath has double vanities, and good closet space Generous guest bedrooms one of which is used as convertible den with walk-in closet and access to patio. Offered furnished per inventory, making it ready for immediate enjoyment. Also, included is leased solar system of $90.84 month so rarely get an electric bill. The attached two-car garage plus a dedicated golf cart garage offers convenience and is lined with huge closets, loads of storage. Additionally, a generous parking area is nearby for guests. The land lease has been extended to 2121, providing long-term peace of mind. HOA includes 3-guard gated security entrances, Internet, Cable TV, landscaping, common area maintenance, lake maintenance, trash, and choice of several community pools and spas nearby! A rare offering for full-time living or an unforgettable seasonal retreat or seasonal rental income opportunity.

Key facts

• Fitness center
• Croquet courts
• Tennis courts

Tags

• GUARD GATED
• PRIVATE GOLF COURSES
• TENNIS COURTS
• CROQUET COURTS
• FITNESS CENTER
• PRIVATE COURTYARD

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $529k.

Deal economics

• At list price, monthly cash flow is $-686 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $408k (22.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $463k (12.5% below list).
• Recommended offer: $408k (22.9% below list) — sets the bar for cash-flow.
• Cap rate 4.7% vs local median 3.0% in Rancho Mirage — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 51/100 on livability (#1,065 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+; Watch: amenities F, commute F, cost of living F.
• Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Rancho Mirage Elementary (309 students, 86% FRL); Nellie N. Coffman Middle (953 students, 98% FRL); Rancho Mirage High (math 15% / reading 38%, grade F, #804 of 1,170 statewide, top 69%, 1,491 students, 97% FRL) — zoned schools average 94% FRL vs 73% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.7%/yr); 532 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• At $4,630/mo this rent would consume 52% of the median local household income ($107k/yr) (locally 498% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($497k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $400k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $407,786 (22.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 4.74%
• Cash-on-cash: -5.56%
• DSCR: 0.75
• GRM: 9.5

CMA / ARV

• ARV (median comp): $615,111
• List price: $529,000
• Delta: -14.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.72% rent growth · sell at horizon

5-year hold

• IRR: -24.7%
• Equity multiple: 0.15×
• Total profit: $-125,552
• Equity at exit: $78,876

10-year hold

• IRR: -17.7%
• Equity multiple: -0.01×
• Total profit: $-149,533
• Equity at exit: $45,738

Cash invested: $148,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92270

• Rents YoY: 3.7%
• Active inventory: 532
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $4,630 high
• Mortgage (P&I): −$2,774
• Tax from tax record: −$479 /mo · $5,753/yr
• Insurance: −$220
• HOA: −$870
• Vacancy / Maint / Mgmt: −$972
• Net cashflow: $-686

Break-even live

Break-even rent $5,499

Max offer price $407,786

Occupancy floor —

Sensitivity live

Price	-10% $-387	-5% $-536	+0% $-686	+5% $-836	+10% $-986
Rent	-10% $-1,052	-5% $-869	+0% $-686	+5% $-503	+10% $-320
Rate	-1.0pp $-420	-0.5pp $-552	base $-686	+0.5pp $-823	+1.0pp $-963

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $132,250
• Closing costs: $15,870
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
913 Inverness Dr Rancho Mirage, CA	3.0	3.0	2690	$6,800	$2.53	45d	1	0.17mi
69 San Marino Cir Rancho Mirage, CA	3.0	2.5	2601	$3,795	$1.46	23d	1	0.28mi
714 Inverness Dr Rancho Mirage, CA	3.0	3.0	2227	$3,500	$1.57	45d	1	0.30mi
35082 Mission Hills Dr Rancho Mirage, CA	2.0	2.5	1624	$3,250	$2.00	14d	1	0.48mi
35090 Mission Hills Dr Rancho Mirage, CA	2.0	2.0	1596	$3,950	$2.47	26d	1	0.49mi
8 Mission Ct Rancho Mirage, CA	2.0	2.0	1540	$2,500	$1.62	20d	1	0.51mi
462 Sunningdale Dr Rancho Mirage, CA	2.0	2.0	1547	$3,750	$2.42	45d	1	0.53mi
464 Sunningdale Dr Rancho Mirage, CA	3.0	3.0	1751	$6,000	$3.43	45d	1	0.54mi
107 Racquet Club Dr Rancho Mirage, CA	2.0	2.0	1488	$4,500	$3.02	45d	1	0.56mi
118 Racquet Club Dr Rancho Mirage, CA	2.0	2.0	1488	$2,900	$1.95	45d	1	0.57mi
22 San Leandro Ct Rancho Mirage, CA	3.0	3.5	2563	$5,500	$2.15	45d	1	0.62mi
20 Lincoln Pl Rancho Mirage, CA	3.0	3.5	2700	$3,995	$1.48	45d	1	0.69mi
415 Forest Hills Dr Rancho Mirage, CA	2.0	2.0	1535	$3,300	$2.15	45d	1	0.71mi
522 Desert West Dr Rancho Mirage, CA	2.0	2.0	1984	$4,500	$2.27	45d	1	0.71mi
436 Sunningdale Dr Rancho Mirage, CA	2.0	2.0	1535	$4,000	$2.61	45d	1	0.73mi
343 Forest Hills Dr Rancho Mirage, CA	2.0	2.0	1535	$4,500	$2.93	19d	1	0.74mi
343 Forest Hills Dr Rancho Mirage, CA	2.0	2.0	1535	$4,500	$2.93	45d	1	0.74mi
41 Lincoln Pl Rancho Mirage, CA	3.0	3.0	2272	$4,900	$2.16	45d	1	0.75mi
645 Hospitality Dr Rancho Mirage, CA	3.0	3.0	2727	$4,300	$1.58	45d	1	0.75mi
507 Desert West Dr Rancho Mirage, CA	3.0	2.0	2265	$8,500	$3.75	45d	1	0.76mi
426 Forest Hills Dr Rancho Mirage, CA	2.0	2.0	1535	$3,600	$2.35	26d	1	0.79mi
42 Colonial Dr Rancho Mirage, CA	3.0	3.0	2005	$3,600	$1.80	4d	1	0.79mi
42 Colonial Dr Rancho Mirage, CA	3.0	3.0	2005	$3,600	$1.80	23d	1	0.79mi
13 Vista Mirage Way Rancho Mirage, CA	3.0	2.0	2071	$3,700	$1.79	46d	1	0.89mi
624 Hospitality Dr Rancho Mirage, CA	2.0	2.0	2000	$3,295	$1.65	45d	1	0.91mi
70451 Cobb Rd Rancho Mirage, CA	3.0	2.0	2148	$3,750	$1.75	45d	1	0.92mi
54 Pine Valley Dr Rancho Mirage, CA	3.0	2.0	1620	$5,000	$3.09	45d	1	0.95mi
38 Pine Valley Dr Rancho Mirage, CA	2.0	2.0	1620	$6,500	$4.01	45d	1	1.00mi
22 Calle Escala Rancho Mirage, CA	3.0	2.5	2116	$3,800	$1.80	12d	1	1.01mi
51 Pebble Beach Dr Rancho Mirage, CA	3.0	2.0	1806	$6,000	$3.32	45d	1	1.10mi
37641 Peacock Cir Rancho Mirage, CA	3.0	3.0	2395	$6,500	$2.71	26d	1	1.13mi
38 Burgundy Rancho Mirage, CA	3.0	3.0	2726	$4,500	$1.65	20d	1	1.16mi
37 Shoreline Dr Rancho Mirage, CA	3.0	3.0	1928	$3,650	$1.89	45d	1	1.17mi
39 Barolo Rancho Mirage, CA	2.0	2.5	2509	$10,000	$3.99	45d	1	1.17mi
69 Cabernet Rancho Mirage, CA	2.0	2.0	1438	$3,200	$2.23	45d	1	1.22mi
59 Shoreline Dr Rancho Mirage, CA	3.0	3.5	2235	$3,995	$1.79	45d	1	1.23mi
5 Chandra Ln Rancho Mirage, CA	3.0	2.0	2015	$4,000	$1.99	45d	1	1.26mi
34361 Denise Way Rancho Mirage, CA	3.0	2.0	1400	$2,800	$2.00	45d	1	1.29mi
37640 Los Cocos Dr E Rancho Mirage, CA	3.0	2.5	2275	$3,000	$1.32	26d	1	1.30mi
26 Carmenere Rancho Mirage, CA	2.0	2.0	1438	$6,000	$4.17	45d	1	1.31mi

HOA detail condo

• Monthly dues: $870 · $10,440/yr
• Likely covers: trashgaselectricinternetcablelandscapingpoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 35 events

1. 2026-06-21
   days on market $529,000 Active 72 DOM
2. 2026-06-18
   days on market $529,000 Active 69 DOM
3. 2026-06-17
   days on market $529,000 Active 68 DOM
4. 2026-06-16
   days on market $529,000 Active 67 DOM
5. 2026-06-15
   days on market $529,000 Active 66 DOM
6. 2026-06-13
   days on market $529,000 Active 64 DOM
7. 2026-06-13
   days on market $529,000 Active 63 DOM
8. 2026-06-09
   days on market $529,000 Active 60 DOM
9. 2026-06-08
   days on market $529,000 Active 59 DOM
10. 2026-06-07
    days on market $529,000 Active 58 DOM
11. 2026-06-04
    days on market $529,000 Active 55 DOM
12. 2026-06-03
    days on market $529,000 Active 54 DOM
13. 2026-06-02
    days on market $529,000 Active 53 DOM
14. 2026-06-01
    days on market $529,000 Active 52 DOM
15. 2026-05-31
    days on market $529,000 Active 51 DOM
16. 2026-05-16
    price $529,000 1629-char remark

    Show marketing remark (1629 chars)

    This beautifully maintained condo home located within the highly sought-after guard-gated Mission Hills Country Club, offering exceptional amenities including three private golf courses, 27 tennis courts, pools, spas, a premier fitness center, and optional golf, tennis, and social memberships. Enter the lovely private courtyard with tranquil fountain and room to relax. The main no-step living area is both dramatic and inviting, highlighted by a vaulted wood-beam ceiling, ceramic tiled flooring, bar with beverage refrigerator, gas fireplace, and open sightlines that frame the panoramic golf course views. The main bedroom suite is a serene retreat with breathtaking picture window with serene views and direct access to the terrace. The updated bath has double vanities, and good closet space Generous guest bedrooms one of which is used as convertible den with walk-in closet and access to patio. Offered furnished per inventory, making it ready for immediate enjoyment. Also, included is leased solar system of $90.84 month so rarely get an electric bill. The attached two-car garage plus a dedicated golf cart garage offers convenience and is lined with huge closets, loads of storage. Additionally, a generous parking area is nearby for guests. The land lease has been extended to 2121, providing long-term peace of mind. HOA includes 3-guard gated security entrances, Internet, Cable TV, landscaping, common area maintenance, lake maintenance, trash, and choice of several community pools and spas nearby! A rare offering for full-time living or an unforgettable seasonal retreat or seasonal rental income opportunity.

17. 2026-04-10
    listed $545,000 Active 1629-char remark

    Show marketing remark (1629 chars)

    This beautifully maintained condo home located within the highly sought-after guard-gated Mission Hills Country Club, offering exceptional amenities including three private golf courses, 27 tennis courts, pools, spas, a premier fitness center, and optional golf, tennis, and social memberships. Enter the lovely private courtyard with tranquil fountain and room to relax. The main no-step living area is both dramatic and inviting, highlighted by a vaulted wood-beam ceiling, ceramic tiled flooring, bar with beverage refrigerator, gas fireplace, and open sightlines that frame the panoramic golf course views. The main bedroom suite is a serene retreat with breathtaking picture window with serene views and direct access to the terrace. The updated bath has double vanities, and good closet space Generous guest bedrooms one of which is used as convertible den with walk-in closet and access to patio. Offered furnished per inventory, making it ready for immediate enjoyment. Also, included is leased solar system of $90.84 month so rarely get an electric bill. The attached two-car garage plus a dedicated golf cart garage offers convenience and is lined with huge closets, loads of storage. Additionally, a generous parking area is nearby for guests. The land lease has been extended to 2121, providing long-term peace of mind. HOA includes 3-guard gated security entrances, Internet, Cable TV, landscaping, common area maintenance, lake maintenance, trash, and choice of several community pools and spas nearby! A rare offering for full-time living or an unforgettable seasonal retreat or seasonal rental income opportunity.

18. 2021-07-06
    soldstatus $400,000 Closed 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

19. 2021-05-16
    historical Active Under Contract 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

20. 2021-04-19
    status Active 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

21. 2021-04-16
    historical Active Under Contract 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

22. 2021-02-02
    status Active 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

23. 2021-01-15
    historical Active Under Contract 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

24. 2020-09-26
    price $399,000 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

25. 2020-08-01
    listed $410,000 Active 993-char remark

    Show marketing remark (993 chars)

    Back on market. Buyer unable to perform! This home has two bedrooms plus a family room and living room! Along the path from the iron gate to the front door is a multi-level fountain with assorted desert plantings illuminated by Malibu lighting. The entry foyer leads to the vaulted and beamed wood ceiling in the living room. You pass the guest bedroom and bath on your left and on your right the upgraded kitchen with granite counters and perfectly sized appliances. The kitchen window looks out over the front courtyard while the large adjacent dining room leads back to the living room. The den, with sleeper sofa, is light and bright with a huge closet that could lead to the garage and be made into a study or third bath. The master bedroom, with a two sink island in the bath, looks out onto the Arnold Palmer 3rd tee and 14th green. A custom overhang over the back patio provides comfort and shade. Altogether a delightful way to spend your days and nights. Did I mention SOLAR POWERED?

26. 2016-12-31
    historical
27. 2016-10-22
    price $349,500
28. 2016-07-08
    listed $359,500 Active
29. 2005-03-22
    historical
30. 2005-03-14
    listed $495,000
31. 2000-09-29
    soldstatus $266,000
32. 2000-07-25
    historical
33. 2000-06-01
    listed $272,900
34. 1996-04-18
    soldstatus $169,500
35. 1992-12-07
    soldstatus $220,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $5,753 · $479/mo
• Projected year-2 tax: $5,753 · $479/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 6 d/yr ≥114°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $55,561
• − Mortgage interest: −$29,632
• − Property taxes: −$5,753
• − Insurance: −$2,645
• − Repairs & maintenance: −$4,445
• − Management: −$4,445
• − HOA: −$10,440
• − Depreciation: −$15,389
• Taxable loss: −$17,188
• Est. tax savings @ 24.0%: +$4,125
• After-tax cash flow: $-4,109/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Springs Unified
• NCES district ID: 0629550
• Math proficiency: 21% ▼ -7.00%
• Reading proficiency: 42% ▬ 0.00%
• Median HH income: $43,638
• Composite: 26.76/100
• National rank: #7131
• State rank: #328 of 517 in CA

Livability — Rancho Mirage

• Score: 51/100
• State rank: #1065
• US rank: #25255

Category grades

Amenities F Commute F Cost of living F Crime B- Employment A+ Housing C+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rancho Mirage, CA
• County: Riverside County · 2,287,001 people
• City population: 17,563
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 17,563
• Household income: $107,364
• Rent vs Own: 18.0% rent · 82.0% own
• Severe rent burden: 498.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 15% Two or more races 6% Asian 4% Black 2%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 4% Romanian 3% Lithuanian 3%
• Foreign-born: 17% · Canada, South Korea, China
• Languages at home: 81% English-only · Spanish 11% Other Indo-European 3% French/Haitian/Cajun 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -210.99%
• Current HPI: 282.2957
• Rent YoY: ▲ 3.72%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+140.5% since first listed

20 events — show timeline

• 2026-05-16 Price Changed $529,000 GPSMLS
• 2026-04-10 Listed $545,000 GPSMLS
• 2021-07-06 Sold (MLS) $400,000 GPSMLS
• 2021-05-16 Contingent — GPSMLS
• 2021-04-19 Relisted — GPSMLS
• 2021-04-16 Contingent — GPSMLS
• 2021-02-02 Relisted — GPSMLS
• 2021-01-15 Contingent — GPSMLS
• 2020-09-26 Price Changed $399,000 GPSMLS
• 2020-08-01 Listed $410,000 GPSMLS
• 2016-12-31 Listing Removed — GPSMLS
• 2016-10-22 Price Changed $349,500 GPSMLS
• 2016-07-08 Listed $359,500 GPSMLS
• 2005-03-22 Listing Removed — GPSMLS
• 2005-03-14 Listed $495,000 GPSMLS
• 2000-09-29 Sold (Public Records) $266,000 Public Records
• 2000-07-25 Listing Removed — GPSMLS
• 2000-06-01 Listed $272,900 GPSMLS
• 1996-04-18 Sold (Public Records) $169,500 Public Records
• 1992-12-07 Sold (Public Records) $220,000 Public Records

Property tax history

+0.3%/yr

Latest (2025): $5,753 · -1.0% YoY. Source: county tax records.