13381 Magnolia Ave SPACE 168CoronaCA92879
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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 13381 Magnolia Ave SPACE 168, Corona, CA, 92879 offers a 9.03% rental yield on a $150,000 purchase with $1,129/mo rent. Total monthly income registers $1,129/mo, and a $734/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,415/yr on $49,725 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 128.98% and total cumulative return in cash at $64,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,129/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92879, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,245 (52.8%) |
| Renter Occupied HU | 6,723 (43.1%) |
| Vacant Housing Units | 644 ( 4.1%) |
| Median Home Value | $629,879 |
| Average Home Value | $652,045 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
12,585
Multi-Family
2,095
Businesses
1,506
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Listed by: Laura Ferro • Laura Ferro, Broker
Mls Name: CRMLS
Mls ID: #IG25237691