1151 Veramar Ct UNIT 101, Corona, CA, 92882 | 6.28% Rental Yield

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1151 Veramar Ct UNIT 101, Corona, CA, 92882 | 6.28% 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 1151 Veramar Ct UNIT 101, Corona, CA, 92882 earns from $3,139/mo rent with a $2,937/mo payment. Total monthly income totals $3,139/mo. ROI tracks 16.58% on current figures, and rental yield reads 6.28% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 84.93% and total cumulative return in cash sums $167,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,139/mo property income instead of your personal income.

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful Renovated Lower Level Condo located in the Desirable Hills of the Sierra Del Oro Community. This Gorgeous Condo is close to Orange County and features Elegant Shaker Cabinetry, Quartz Countertops with Full Backsplash, Under Cabinet Lighting, a Farm Sink, Black Faucets and LG Stainless Appliances. Doing laundry is a breeze Full Size Stackable Front Loading Washer and Dryer inside the unit. Parking is convenient with a Semi-attached One Car Garage and One Assigned Covered Carport. This unit is located near the pool and provides the serene view of palm trees, and the hills of the Cleveland National Forest from your patio. Other features: Newer Water Heater, Newer shower valves, HVAC system was replaced in the last few years. Location, Location, Location! It is a MUST see!

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