2217 Panama DrCoronaCA92883
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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
Investment property for sale in Corona at 2217 Panama Dr, Corona, CA, 92883 with 5% annual appreciation on a $984,990 basis while $6,386/mo rent supports operations. Total monthly income totals $6,386/mo and a $4,821/mo payment preserves $293/mo for cash returns. Annual cash flow comes to $3,513/yr on $324,062 deployed, and return on cash invested reaches 21.14% in year one. Equity gained on principal adds $6,356/yr, and five-year appreciation sums $272,135 alongside rental yield of 7.78%. Five-year ROI measures 109.43% and total cumulative return in cash totals $354,607.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,386/mo property income versus a $4,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A 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: Tammy • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A