1980 Las Colinas Cir UNIT 301, Corona, CA, 92879 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1980 Las Colinas Cir UNIT 301, Corona, CA, 92879 | $360/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

Investment property for sale in Corona at 1980 Las Colinas Cir UNIT 301, Corona, CA, 92879 offers a 8.39% rental yield on a $445,000 purchase with $3,113/mo rent. Total monthly income registers $3,113/mo, and a $2,178/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,322/yr on $147,518 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 118.57% and total cumulative return in cash at $174,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,113/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

***Luxury TRIANA Community! It's currently the LOWEST-PRICED two bedroom two bath unit in the complex-great value for the location! Stylish and functional corner unit with high ceiling, NO NIEGHBORS ABOVE YOU offering the best location in the TRIANA Community. Features two spacious primary suites, each with a walk-in closet and private bath. Step out onto both balconies and savor the fresh air and lovely views. With no neighbors above, this condo provides added privacy and quiet living. Enjoy open floor plan with scenic views, and an upgraded kitchen with granite counters and stainless-steel appliances. A mix of tile and carpet flooring adds warmth and comfort. Additional conveniences include in-unit laundry, private on car garage (#42), and one assigned parking space, plenty of guest parking is also available. TRIANA offers resort-style amenities such as clubhouse, fitness center, pool and spa, and BBQ, area. HOA covers exterior maintenance, insurance, water, and trash. Prime location shopping, dining, schools and with easy freeway access to the 91 and 15 conveniently located near Metro train station. A rare opportunity to own in a desirable gated community. Best unit location with lots of privacy! It will not last at this new price.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92879, Corona, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,612 (100%)
Owner Occupied HU	8,245 (52.8%)
Renter Occupied HU	6,723 (43.1%)
Vacant Housing Units	644 ( 4.1%)
Median Home Value	$629,879
Average Home Value	$652,045