13047 Corona Way #266PowayCA92064
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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 Poway at 13047 Corona Way #266, Poway, CA, 92064 uses $89,472 cash to close to unlock $2,957/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,916/mo, and a $1,321/mo payment keeps the spread at $246/mo. Purchase price stands at $269,900, and rental yield measures 8.52% with $1,916/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 120.58% and total cumulative return in cash records $107,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,916/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92064, Poway, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,268 (100%) |
| Owner Occupied HU | 12,483 (72.3%) |
| Renter Occupied HU | 4,052 (23.5%) |
| Vacant Housing Units | 733 ( 4.2%) |
| Median Home Value | $1,066,830 |
| Average Home Value | $1,180,389 |
Housing Distribution
Address Breakdown
Residential
16,771
Single Family
14,690
Multi-Family
2,081
Businesses
1,525
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Listed by: Ryan Thompson • TLC Manufactured Homes, Incl
Mls Name: My State MLS
Mls ID: #11606824