1668 Honors CirCoronaCA92883
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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 1668 Honors Cir, Corona, CA, 92883 generates $6,115/mo in rent, after a $6,240/mo payment. Total monthly income is $6,115/mo. Return on cash invested sits at 15.22% in year one, and rental yield is 5.76% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 77.62% and total cumulative return in cash sums $320,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,115/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92883, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 10,906 (78.6%) |
| Renter Occupied HU | 2,284 (16.5%) |
| Vacant Housing Units | 694 ( 5.0%) |
| Median Home Value | $723,748 |
| Average Home Value | $760,276 |
Housing Distribution
Address Breakdown
Residential
12,880
Single Family
11,569
Multi-Family
1,311
Businesses
381
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Listed by: John Simcoe • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #IG25176816