13104 Corona Way #324PowayCA92064
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Poway rental at 13104 Corona Way #324, Poway, CA, 92064 sits in the solid-income band: 8.58% gross yield, $2,427/mo rent, $327/mo net after the $1,527/mo debt service, DSCR 1.59. Entry price of $339,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $93,798 and $3,127/yr in principal reduction bring total cumulative return to $149,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $327 | $350 |
City averages based on Poway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,427 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2006
3,500 sqft 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
Nearby investment properties with comparable rents
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
Manufactured
Built in 2006
3,500 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Reynoso • Pacific Manufactured Homes
Mls Name: My State MLS
Mls ID: #11628812