1550 Rimpau Ave SPC 159CoronaCA92881
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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
Rental property for sale in Corona at 1550 Rimpau Ave SPC 159, Corona, CA, 92881 generates $1,489/mo in rent and, after a $856/mo payment, leaves $407/mo in cash flow. Total monthly income is $1,489/mo, and annual cash flow is $4,885/yr on $57,979 invested. Return on cash invested sits at 28.33% in year one, and rental yield is 10.22% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 148.11% and total cumulative return in cash sums $85,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,489/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
1,440 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: Angelica Ruedas • California Brokers
Mls Name: CRMLS
Mls ID: #TR25150402