3140 Castelar Ct Unit 202CoronaCA92882
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3140 Castelar Ct Unit 202, Corona, CA, 92882 in Corona carries a 1.50 coverage ratio, rent of $3,750/mo is 1.50 times the $2,496/mo payment. Rental yield 8.11%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $555,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $153,336; total projected cumulative return: $230,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $(118) | $300 |
City averages based on Corona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,750 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1990
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SDMLS
Mls ID: #260007559