13381 Magnolia Ave SPACE 35CoronaCA92879
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
Investment Highlights
Investment property for sale in Corona at 13381 Magnolia Ave SPACE 35, Corona, CA, 92879 listed at $129,950 pairs $991/mo rent with a $636/mo payment to leave $187/mo cash flow. Total monthly income runs $991/mo, and annual cash flow reaches $2,246/yr on $43,078 cash to close. Return on cash invested measures 25.12% in year one, and rental yield registers 9.15% at a $129,950 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,903 by year five. Five-year ROI tracks 130.92% and total cumulative return in cash totals $56,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $991/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Johnson • Allison James Estates & Homes
Mls Name: CRMLS
Mls ID: #SW26009165