256 E Mission RdCoronaCA92879
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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
Rental property for sale in Corona at 256 E Mission Rd, Corona, CA, 92879 priced at $765,000 pairs $4,052/mo rent with after a $3,744/mo payment. Total monthly income equals $4,052/mo. Return on cash invested is 16.82% in year one, and rental yield stands at 6.36% on a $765,000 basis. Equity gained on principal adds $4,936/yr, and 5% annual appreciation accumulates to $211,355 by year five. Five-year ROI measures 86.23% and total cumulative return in cash reaches $217,019. For financing, Ziffy Mortgage’s DSCR program evaluates $4,052/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92879, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,245 (52.8%) |
| Renter Occupied HU | 6,723 (43.1%) |
| Vacant Housing Units | 644 ( 4.1%) |
| Median Home Value | $629,879 |
| Average Home Value | $652,045 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
12,585
Multi-Family
2,095
Businesses
1,506
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Listed by: BRITTNEE CHAVARRIA • LOCATION HOME BROKERS
Mls Name: CRMLS
Mls ID: #IV25265155