320 Exeter Way, Corona, CA, 92882 | 6.55% Rental Yield

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320 Exeter Way, Corona, CA, 92882 | 6.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corona at 320 Exeter Way, Corona, CA, 92882 offers a 6.55% rental yield on a $725,000 purchase with $3,960/mo rent. 42% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 89.45% and total cumulative return in cash at $213,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Attractively upgraded single-story home offers 3 spacious bedrooms, 2 modern bathrooms, and a 2-car garage, located in the highly desirable Hills of Corona community. Ideally positioned near major freeways, award-winning schools, and premier shopping, this residence combines convenience with exceptional comfort. Updated throughout, the home features contemporary finishes and a like-new feel. The welcoming living room includes an upgraded fireplace, new ceiling fan, and new waterproof laminate wood flooring extending through the entire home. The kitchen offers ample cabinetry, granite countertops, and brand-new stainless-steel appliances, including a refrigerator. The primary suite features a private ensuite bathroom and a large walk-in closet. Additional upgrades include a freshly painted exterior, updated vanities, and new ceiling fans in every room. The private backyard is ideal for outdoor living, complete with a built-in BBQ grill and direct access to the Mountain Gate Park trail. Although classified as a condominium, this property is a fully detached single-family residence with no shared walls, offering maximum privacy. Move-in ready and thoughtfully enhanced, this home provides modern comfort and an exceptional locationtruly a must-see!

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