2851 Menorca CirCoronaCA92881
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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 2851 Menorca Cir, Corona, CA, 92881 uses $249,283 cash to close to unlock $849/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $5,095/mo, and a $3,709/mo payment keeps the spread at $71/mo. Purchase price stands at $757,700, and rental yield measures 8.07% with $5,095/mo rent. Return on cash invested shows 20.4% in year one, and 5% annual appreciation builds toward $209,339 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash records $264,311. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,095/mo property income covering a $3,709/mo payment rather than investor’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92881, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,260 (100%) |
| Owner Occupied HU | 7,155 (77.3%) |
| Renter Occupied HU | 1,854 (20.0%) |
| Vacant Housing Units | 251 ( 2.7%) |
| Median Home Value | $756,107 |
| Average Home Value | $796,142 |
Housing Distribution
Address Breakdown
Residential
9,397
Single Family
8,751
Multi-Family
646
Businesses
624
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #PW25124069