2168 Candlelight CirCoronaCA92878
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2168 Candlelight Cir, Corona, CA, 92878 in Corona. At $899,800 it earns $6,814/mo in rent and distributes $1,247/mo to the owner after the $4,046/mo payment, a consistent 9.09% yield. DSCR 1.68 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $248,598 in value; $8,287/yr in principal paydown compounds ownership stake. Total projected return: $421,459.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $1,247 | $300 |
City averages based on Corona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,814 |
| Total Monthly Debt Service | $5,208 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92878, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,744 (100%) |
| Owner Occupied HU | 3,285 (57.2%) |
| Renter Occupied HU | 2,338 (40.7%) |
| Vacant Housing Units | 121 ( 2.1%) |
| Median Home Value | $630,938 |
| Average Home Value | $625,359 |
Housing Distribution
Address Breakdown
Residential
5,762
Single Family
5,087
Multi-Family
675
Businesses
1,574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92878, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,744 (100%) |
| Owner Occupied HU | 3,285 (57.2%) |
| Renter Occupied HU | 2,338 (40.7%) |
| Vacant Housing Units | 121 ( 2.1%) |
| Median Home Value | $630,938 |
| Average Home Value | $625,359 |
Housing Distribution
Address Breakdown
Residential
5,762
Single Family
5,087
Multi-Family
675
Businesses
1,574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices