23375 Toronja CorteCoronaCA92883
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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 23375 Toronja Corte, Corona, CA, 92883 priced at $1,089,000 pairs $3,920/mo rent with after a $5,330/mo payment. Total monthly income equals $3,920/mo. Return on cash invested is 10.79% in year one, and rental yield stands at 4.32% on a $1,089,000 basis. Equity gained on principal adds $7,027/yr, and 5% annual appreciation accumulates to $300,871 by year five. Five-year ROI measures 53.84% and total cumulative return in cash reaches $189,982. For financing, Ziffy Mortgage’s DSCR program evaluates $3,920/mo property income against a $5,330/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
8,712 sqft 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: Sebastian Nasher • Home Pedia,Inc
Mls Name: CRMLS
Mls ID: #SR25207222