389 E Rancho RdCoronaCA92879
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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
Rental property for sale in Corona at 389 E Rancho Rd, Corona, CA, 92879 generates $4,218/mo in rent, after a $3,818/mo payment. Total monthly income is $4,218/mo. Return on cash invested sits at 17.22% in year one, and rental yield is 6.49% on a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation builds toward $215,500 over five years. Five-year ROI reaches 88.39% and total cumulative return in cash sums $226,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,218/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92879, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,245 (52.8%) |
| Renter Occupied HU | 6,723 (43.1%) |
| Vacant Housing Units | 644 ( 4.1%) |
| Median Home Value | $629,879 |
| Average Home Value | $652,045 |
Housing Distribution
Address Breakdown
Residential
14,680
Single Family
12,585
Multi-Family
2,095
Businesses
1,506
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Listed by: APOLO ANDRADE • CENTURY 21 REALTY MASTERS
Mls Name: CRMLS
Mls ID: #MB25216532