1121 Iris CirCoronaCA92882
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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 1121 Iris Cir, Corona, CA, 92882 earns $641/mo cash flow from $5,280/mo rent with a $3,670/mo payment. Total monthly income totals $5,280/mo, and annual cash flow totals $7,697/yr on $246,717 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.45% at a $749,900 purchase. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,184 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash sums $296,926. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,280/mo property income instead of your personal income.
Single Family
Built in 1976
0.26 Acres 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: RYAN MCKEE • ELEVATE REAL ESTATE AGENCY
Mls Name: CRMLS
Mls ID: #IV26016246