24089 Sonieta CtCoronaCA92883
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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
Rental property for sale in Corona at 24089 Sonieta Ct, Corona, CA, 92883 offers $6,653/mo rent that, after a $3,392/mo payment, leaves $2,366/mo cash flow. Total monthly income is $6,653/mo, and annual cash flow is $28,391/yr on $227,994 cash. Return on cash invested measures 32.51% in year one, and rental yield stands at 11.52% at a $692,990 entry. Equity gained on principal adds $4,472/yr while 5% annual appreciation compounds into $191,460 by year five. Five-year ROI records 170.38% and total cumulative return in cash reaches $388,463. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,653/mo property income versus a $3,392/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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