11702 Glenridge RdCoronaCA92883
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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 11702 Glenridge Rd, Corona, CA, 92883 earns from $3,479/mo rent with a $3,157/mo payment. Total monthly income totals $3,479/mo. ROI tracks 17.17% on current figures, and rental yield reads 6.47% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 88.11% and total cumulative return in cash sums $186,976. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,479/mo property income instead of your personal income.
Condo
Built in 2022
3,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92883, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 10,906 (78.6%) |
| Renter Occupied HU | 2,284 (16.5%) |
| Vacant Housing Units | 694 ( 5.0%) |
| Median Home Value | $723,748 |
| Average Home Value | $760,276 |
Housing Distribution
Address Breakdown
Residential
12,880
Single Family
11,569
Multi-Family
1,311
Businesses
381
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Listed by: Julie Mansfield • Arbor Real Estate
Mls Name: CRMLS
Mls ID: #OC25267565