111 N Belle AveCoronaCA92882
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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
Rental property for sale in Corona at 111 N Belle Ave, Corona, CA, 92882 offers $4,060/mo rent that, after a $2,227/mo payment, leaves $1,245/mo cash flow. Total monthly income is $4,060/mo, and annual cash flow is $14,943/yr on $150,833 cash. Return on cash invested measures 29.82% in year one, and rental yield stands at 10.71% at a $455,000 entry. Equity gained on principal adds $2,936/yr while 5% annual appreciation compounds into $125,708 by year five. Five-year ROI records 155.98% and total cumulative return in cash reaches $235,264. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,060/mo property income versus a $2,227/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
6,970 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,879
Single Family
17,524
Multi-Family
3,355
Businesses
1,176
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Listed by: KEVIN ENRIQUEZ • COMPASS
Mls Name: CRMLS
Mls ID: #IV26012936