2699 Corona AveNorcoCA92860
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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 Norco at 2699 Corona Ave, Norco, CA, 92860 offers a 6.63% rental yield on a $675,900 purchase with $3,736/mo rent. 66% in year one. Equity gained on principal adds $4,361/yr while 5% annual appreciation supports $186,739 over five years. Portfolio math shows five-year ROI at 90.73% and total cumulative return in cash at $201,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,736/mo property income against a $3,308/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92860, Norco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,267 (100%) |
| Owner Occupied HU | 5,811 (80.0%) |
| Renter Occupied HU | 1,270 (17.5%) |
| Vacant Housing Units | 186 ( 2.6%) |
| Median Home Value | $757,693 |
| Average Home Value | $787,986 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
6,937
Multi-Family
175
Businesses
1,292
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A