2550 San Gabriel Way UNIT 202, Corona, CA, 92882 | $88/mo Cash Flow

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2550 San Gabriel Way UNIT 202, Corona, CA, 92882 | $88/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Corona at 2550 San Gabriel Way UNIT 202, Corona, CA, 92882 generates $2,990/mo in rent and, after a $2,296/mo payment, leaves $88/mo in cash flow. Total monthly income is $2,990/mo, and annual cash flow is $1,058/yr on $155,474 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 7.65% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $165,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,990/mo property income rather than buyer’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

BEAUTIFUL CONDO IN SAGE CANYON COMMUNITY! This well-maintained 2 BEDROOM, 2 BATH upper-level unit offers ALL LIVING SPACE ON ONE LEVEL with an OPEN CONCEPT LAYOUT perfect for entertaining. Enjoy a bright living area with BAMBOO-STYLE FLOORING, FAUX STONE FIREPLACE, and access to a PRIVATE BALCONY ideal for morning coffee or evening relaxation. The KITCHEN FEATURES GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, and WOOD-FINISH CABINETS. The PRIMARY SUITE includes a WALK-IN CLOSET and a FULL BATH with GRANITE COUNTERS and TUB-SHOWER COMBO. Both bathrooms have updated finishes and ample storage. Additional highlights include IN-UNIT LAUNDRY, HALLWAY STORAGE CLOSET, and TWO ASSIGNED PARKING SPACESone COVERED CARPORT and one OPEN SPACE. Community amenities include a POOL, SPA, FITNESS CENTER, BASKETBALL COURT, and CLUBHOUSE. Conveniently located near the 91 AND 15 FREEWAYS, just off the GREEN RIVER EXIT, and WITHIN WALKING DISTANCE TO SHOPPING CENTERS. PERFECT STARTER HOME OR INVESTMENT PROPERTY IN A PRIME LOCATION OF CORONA!

Neighborhood Data

Neighborhood data shown for ZIP Code: 92882, Corona, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,191 (100%)
Owner Occupied HU	13,369 (63.1%)
Renter Occupied HU	7,341 (34.6%)
Vacant Housing Units	481 ( 2.3%)
Median Home Value	$683,276
Average Home Value	$702,801