1550 Rimpau Ave SPACE 18, Corona, CA, 92881 | $2,852/mo Cash Flow

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1550 Rimpau Ave SPACE 18, Corona, CA, 92881 | $2,852/mo Cash Flow | Ziffy

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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

Investment property for sale in Corona at 1550 Rimpau Ave SPACE 18, Corona, CA, 92881 offers a 30.24% rental yield on a $150,000 purchase with $3,780/mo rent. Total monthly income registers $3,780/mo, and a $734/mo payment leaves $2,852/mo available for distribution. Annual cash flow reaches $34,227/yr on $49,725 to close, and return on cash invested stands at 88.74% 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 472.02% and total cumulative return in cash at $234,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,780/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 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your next chapter in Corona living! This beautiful and spacious 3 bedroom, 2 bathroom triple wide home sits inside one of Coronas most sought-after gated family communities. Step inside to find a bright and inviting space with fresh interior paint, newer kitchen cabinets and countertops, updated outlets and switches, newer roof and newer A/C, giving you the peace of mind that the big upgrades are already done. Your mornings start on the front patio with your beverage of choice in hand, while evenings can be spent relaxing in your own space or connecting with neighbors in the clubhouse. The community feels like a private resort with a sparkling pool, spa, fitness center, clubhouse with billiards and card room, kids playroom, EV charging stations, ample guest parking and even RV parking, a lifestyle designed for both convenience and fun. Location couldnt be better. Youre just minutes from shopping, restaurants and easy freeway access, making everyday life simple while keeping you close to everything Southern California has to offer. This isnt just a home, its a lifestyle upgrade where comfort, community and convenience come together.

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