12947 Radiance Ct, Corona, CA, 92880 | 6.53% Rental Yield

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12947 Radiance Ct, Corona, CA, 92880 | 6.53% Rental Yield | Ziffy

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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

Rental property for sale in Corona at 12947 Radiance Ct, Corona, CA, 92880 generates $3,781/mo in rent, after a $3,402/mo payment. Total monthly income is $3,781/mo. Return on cash invested sits at 17.34% in year one, and rental yield is 6.53% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 89.03% and total cumulative return in cash sums $203,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,781/mo property income rather than buyer’s personal income.

Single Family

Built in 2015

2,045 sqft lot

$N/A/sqft

No HOA

More details about the property

Check this out! Sellers are paying off the solar system for $17,000. Welcome to 12947 Radiance Court, a charming 3-bedroom, 3-bathroom home situated in the sought-after Copper Heights community of Eastvale, CA 92880. This beautifully maintained residence, built in 2015, offers around 1,719 sq. ft. of thoughtfully designed living space that perfectly blends comfort, style, and functionalityideal for modern living. Enjoy brand new flooring and fresh paint throughout! The open-concept layout boasts a bright and spacious living area that seamlessly connects to a contemporary kitchen featuring granite countertops, a large center island, stainless steel appliances, and stylish tile flooring. A convenient half bath on the main floor is perfect for guests, while the newly installed luxury vinyl wood flooring adds warmth and elegance throughout the home. Upstairs, a versatile loft awaits, offering endless possibilities for use as a home office, playroom, or entertainment area. Step outside to your private backyard oasis, complete with fruit trees and low-maintenance landscaping, perfect for relaxing afternoons or weekend get-togethers. Additional highlights include a 2-car attached garage and access to fantastic community amenities such as two neighborhood parks, a clubhouse, a large pool, and two inviting spas. Situated within the award-winning Corona-Norco Unified School District, this home is conveniently located near top-rated schools, including Eastvale Elementary, River Heights Intermediate, and Eleanor.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92880, Corona, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,224 (100%)
Owner Occupied HU	11,851 (77.8%)
Renter Occupied HU	3,041 (20.0%)
Vacant Housing Units	332 ( 2.2%)
Median Home Value	$759,900
Average Home Value	$765,722