1029 Westpark Ln, Corona, CA, 92882 | 5.13% Rental Yield

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1029 Westpark Ln, Corona, CA, 92882 | 5.13% Rental Yield | Ziffy

For Sale

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

Investment property for sale in Corona at 1029 Westpark Ln, Corona, CA, 92882 listed at $729,000 pairs $3,114/mo rent with a $3,568/mo payment. Total monthly income runs $3,114/mo. Return on cash invested measures 13.08% in year one, and rental yield registers 5.13% at a $729,000 basis. Equity gained on principal adds $4,704/yr, and annual property appreciation at 5% supports $201,409 by year five. Five-year ROI tracks 66.18% and total cumulative return in cash totals $158,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,114/mo property income relative to a $3,568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1973

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

*HUGE LOT !SINGLE STORY !ENTERTAINERS BACKYARD ! NEW ROOF ! CARPET ALLOWANCE ! MAKE YOUR OFFER ! CITY & MOUNTAIN VIEWS ! NO HOA ! This beautiful single-story home offers 3 bedrooms and 2 full baths, nestled in a highly sought-after neighborhood known for its pride of ownership, low turnover and stunning views of the mountains. Sitting on a generous 8,700 sq. ft.+ lot, the property features a spacious backyard perfect for entertaining, gardening, or relaxing outdoors, while gazing at the beautiful mountain backdrop. Upon entering, youre welcomed by a formal entryway that leads to a large living room with a cozy fireplace. The bright and open kitchen offers ample storage and a lovely view of the backyard. The expansive primary bedroom includes a large closet and an updated ensuite bath featuring a custom vanity with extra storage and a walk-in shower. The additional bedrooms are light and bright, each with generous closet space. The second bath also features a mirrored vanity and a walk-in shower. Additional highlights include NO HOA, a two-car garage and a prime location close to beautiful beach cities, upscale shopping, popular restaurants, and top-rated schools. Offering a carpet allowance as well. Perfect opportunity to make this your very own

Neighborhood Data

Neighborhood data shown for ZIP Code: 92882, Corona, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,191 (100%)
Owner Occupied HU	13,369 (63.1%)
Renter Occupied HU	7,341 (34.6%)
Vacant Housing Units	481 ( 2.3%)
Median Home Value	$683,276
Average Home Value	$702,801