Condo / High-rise home in Rancho Mirage, CA
This 2,420-square-foot Condo condo in Rancho Mirage, CA includes 3 bedrooms and 3 bathrooms. The Condo styling carries through the home's design.
| Price | $475,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 2420 |
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| Architectural style | Condo / High-rise (57% match) |
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| Address | 626 Hospitality Dr, Rancho Mirage, CA 92270 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $475K, this home is 7% below the $510K median for 35 similar Condo / High-rise homes in Rancho Mirage, CA.
- That works out to $196 per square foot, 39% below the $321 comparable rate.
- On the market 14 days.
| This home | $475,000 |
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| Condo / High-rise median in Rancho Mirage, CA | $510,000 (35 homes) |
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| Price per sq ft | $196 vs. $321 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,253/month with 20% down at a 7.28% 30-year fixed rate. You would need about $139,420 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,600/mo |
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| Property tax (new-buyer reassessed rate) | $475/mo |
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| Homeowners insurance | $178/mo |
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| Total monthly | $3,253/mo |
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| Down payment (20%) | $95,000 |
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| Income needed | $139,420/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (62 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (62/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $226,714 |
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| Range (10th to 90th pct) | $133,578 to $339,038 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia