2598 Independence WayCoronaCA92882
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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 Corona at 2598 Independence Way, Corona, CA, 92882 offers a 5.87% rental yield on a $820,000 purchase with $4,009/mo rent. 33% in year one. Equity gained on principal adds $5,291/yr while 5% annual appreciation supports $226,551 over five years. Portfolio math shows five-year ROI at 78.25% and total cumulative return in cash at $211,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,009/mo property income against a $4,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,583 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,879
Single Family
17,524
Multi-Family
3,355
Businesses
1,176
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Listed by: Michael Killam • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #IG25277711