2091 Ridgeview TerCoronaCA92882
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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 2091 Ridgeview Ter, Corona, CA, 92882 generates $4,283/mo in rent and, after a $3,255/mo payment, leaves $169/mo in cash flow. Total monthly income is $4,283/mo, and annual cash flow is $2,028/yr on $218,785 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 7.73% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash sums $237,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,283/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,841 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,879
Single Family
17,524
Multi-Family
3,355
Businesses
1,176
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Listed by: Sandra Argumedo • HomeSmart, Evergreen Realty
Mls Name: CRMLS
Mls ID: #PW25131030