1535 Border Ave APT CCoronaCA92882
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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 1535 Border Ave APT C, Corona, CA, 92882 uses $112,710 cash to close to unlock $2,398/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $2,303/mo, and a $1,664/mo payment keeps the spread at $200/mo. Purchase price stands at $340,000, and rental yield measures 8.13% with $2,303/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 114.25% and total cumulative return in cash records $128,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,303/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in 1980
759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92882, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,191 (100%) |
| Owner Occupied HU | 13,369 (63.1%) |
| Renter Occupied HU | 7,341 (34.6%) |
| Vacant Housing Units | 481 ( 2.3%) |
| Median Home Value | $683,276 |
| Average Home Value | $702,801 |
Housing Distribution
Address Breakdown
Residential
20,879
Single Family
17,524
Multi-Family
3,355
Businesses
1,176
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Listed by: Jesse Vega • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #PW25161041