2419 Lorina AvenueCorcoranCA93212
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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 Corcoran at 2419 Lorina Avenue, Corcoran, CA, 93212 earns $1,024/mo cash flow from $2,812/mo rent with a $1,415/mo payment. Total monthly income totals $2,812/mo, and annual cash flow totals $12,284/yr on $95,804 capital. ROI tracks 32.73% on current figures, and rental yield reads 11.68% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 171.6% and total cumulative return in cash sums $164,402. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,812/mo property income instead of your personal income.
Single Family
Built in 1936
8,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93212, Corcoran, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,618 (100%) |
| Owner Occupied HU | 2,304 (49.9%) |
| Renter Occupied HU | 2,075 (44.9%) |
| Vacant Housing Units | 239 ( 5.2%) |
| Median Home Value | $255,495 |
| Average Home Value | $290,313 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,111
Multi-Family
305
Businesses
286
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Listed by: Oscar J Leon • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #239523