1126 Mandevilla WayCoronaCA92879
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Nearby investment properties with comparable prices
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 1126 Mandevilla Way, Corona, CA, 92879 listed at $1,160,000 pairs $3,896/mo rent with a $5,678/mo payment. Total monthly income runs $3,896/mo. Return on cash invested measures 9.9% in year one, and rental yield registers 4.03% at a $1,160,000 basis. Equity gained on principal adds $7,485/yr, and annual property appreciation at 5% supports $320,487 by year five. Five-year ROI tracks 49.05% and total cumulative return in cash totals $184,337. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,896/mo property income relative to a $5,678/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92879, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,245 (52.8%) |
| Renter Occupied HU | 6,723 (43.1%) |
| Vacant Housing Units | 644 ( 4.1%) |
| Median Home Value | $629,879 |
| Average Home Value | $652,045 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
12,585
Multi-Family
2,095
Businesses
1,506
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Listed by: PRADINYA SHASTRI • REDFIN
Mls Name: CRMLS
Mls ID: #IG25192180