393 Katrina RdCoronaNM88318
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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 393 Katrina Rd, Corona, NM, 88318 at $471,669 posts ROI 20.61% with $91/mo cash flow from $2,860/mo rent. Total monthly income equals $2,860/mo, and annual cash flow records $1,093/yr on $156,358 to close. Return on cash invested measures 20.61% and rental yield reads 7.28% at the current $471,669. Equity gained on principal adds $3,044/yr, and 5% annual appreciation supports $130,313 by year five. Five-year ROI prints 106.2% and total cumulative return in cash totals $166,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
40.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88318, Corona, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 114 (52.3%) |
| Renter Occupied HU | 23 (10.6%) |
| Vacant Housing Units | 81 (37.2%) |
| Median Home Value | $275,000 |
| Average Home Value | $451,294 |
Housing Distribution
Address Breakdown
Residential
8
Single Family
8
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
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