244 Corona CirLake ArrowheadCA92352
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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 Lake Arrowhead at 244 Corona Cir, Lake Arrowhead, CA, 92352 offers a 5.68% rental yield on a $899,000 purchase with $4,258/mo rent. 77% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 75.26% and total cumulative return in cash at $222,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,258/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
7,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92352, Lake Arrowhead, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,920 (100%) |
| Owner Occupied HU | 2,479 (31.3%) |
| Renter Occupied HU | 578 ( 7.3%) |
| Vacant Housing Units | 4,863 (61.4%) |
| Median Home Value | $743,694 |
| Average Home Value | $776,014 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
305
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Listed by: Kim Sellers • COLDWELL BANKER SKY RIDGE REALTY
Mls Name: CRMLS
Mls ID: #IG25215785