1397 Ramsgate DrCoronaCA92881
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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 1397 Ramsgate Dr, Corona, CA, 92881 listed at $850,000 pairs $4,862/mo rent with a $4,160/mo payment. Total monthly income runs $4,862/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 6.86% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 94.51% and total cumulative return in cash totals $264,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,862/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92881, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,260 (100%) |
| Owner Occupied HU | 7,155 (77.3%) |
| Renter Occupied HU | 1,854 (20.0%) |
| Vacant Housing Units | 251 ( 2.7%) |
| Median Home Value | $756,107 |
| Average Home Value | $796,142 |
Housing Distribution
Address Breakdown
Residential
9,397
Single Family
8,751
Multi-Family
646
Businesses
624
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Listed by: Ruben Muro • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #IG25180578