23708 Phoebe Dr #I1DYJGCoronaCA92883
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
Investment Highlights
Investment property for sale in Corona at 23708 Phoebe Dr #I1DYJG, Corona, CA, 92883 earns from $5,279/mo rent with a $4,358/mo payment. Total monthly income totals $5,279/mo. ROI tracks 19.12% on current figures, and rental yield reads 7.12% at a $890,323 purchase. Equity gained on principal adds $5,745/yr, and 5% annual appreciation supports $245,980 over five years. Five-year ROI reaches 98.58% and total cumulative return in cash sums $288,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,279/mo property income instead of your personal income.
Single Family
Built in 2023
3,619 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RANDY ANDERSON • RICHMOND AMERICAN HOMES
Mls Name: CRMLS
Mls ID: #IG25151290