1544 Elegante Ct, Corona, CA, 92882 | $5/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1544 Elegante Ct, Corona, CA, 92882 | $5/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Corona at 1544 Elegante Ct, Corona, CA, 92882 generates $4,026/mo in rent and, after a $3,181/mo payment, leaves $5/mo in cash flow. Total monthly income is $4,026/mo, and annual cash flow is $65/yr on $213,850 invested. Return on cash invested sits at 20.09% in year one, and rental yield is 7.43% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 103.79% and total cumulative return in cash sums $221,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,026/mo property income rather than buyer’s personal income.

Single Family

Built in 1990

3,485 sqft lot

$N/A/sqft

No HOA

More details about the property

PANORAMIC VIEWS IN BELLA VISTA!! This beautiful home features a bright and open floorplan with 3 bedrooms, 2.5 bathrooms with 1,743 square feet of spacious living space. You are welcomed at the entry into the spacious living room which features high cathedral ceiling, beautiful two-way fireplace and has direct access to the LARGE Backyard Patio Deck with covered ALUMA-WOOD Patio Cover with Recessed Lighting AND HAS INCREDIBLE VIEWS of the Valley, City Lights and Surrounding Hills. Beautifully designed kitchen features plenty of cabinetry for storage, stainless steel appliances, wine refrigerator, gas range with overhead microwave, custom backsplash tile, island with beautiful Quartz countertop and is open to the family room which makes it great for entertaining. Upstairs showcases a LARGE Primary Suite that includes a large bedroom area with HIGH CEILINGS and VIEW of the hills, private bathroom with dual sink vanity and DUAL closets with mirrored doors. Down the hall are 2 additional spacious bedrooms with plenty of closet space and a beautiful hall bathroom. Additional features of the home include 2 Car Attached Garage w/EPOXY COATED FLOORS & Built-In Storage Cabinets, dual-pane windows, Luxury Vinyl flooring throughout, Plantation Shutters, newer A/C Unit, and newer water heater. The community amenities include sparkling pool, spa, and exterior maintenance. It is also conveniently located near schools, shopping, restaurants, parks, entertainment and has easy freeway access to the 91 & 71 freeways. This is one you dont want to miss!

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