10281 Wagonroad WCoronaCA92883
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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
Investment property for sale in Corona at 10281 Wagonroad W, Corona, CA, 92883 uses $160,778 cash to close to unlock $9,474/yr annual cash flow and $790/mo monthly cash flow. Total monthly income runs $3,790/mo, and a $2,374/mo payment keeps the spread at $790/mo. Purchase price stands at $485,000, and rental yield measures 9.38% with $3,790/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 134.45% and total cumulative return in cash records $216,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,790/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92883, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 10,906 (78.6%) |
| Renter Occupied HU | 2,284 (16.5%) |
| Vacant Housing Units | 694 ( 5.0%) |
| Median Home Value | $723,748 |
| Average Home Value | $760,276 |
Housing Distribution
Address Breakdown
Residential
12,880
Single Family
11,569
Multi-Family
1,311
Businesses
381
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Listed by: Albert Hernandez-Mendoza • ROA California Inc
Mls Name: CRMLS
Mls ID: #SW25276216