4059 Pomelo DrCoronaCA92883
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
Investment Highlights
Rental property for sale in Corona at 4059 Pomelo Dr, Corona, CA, 92883 generates $5,303/mo in rent, after a $4,204/mo payment. Total monthly income is $5,303/mo. Return on cash invested sits at 20.02% in year one, and rental yield is 7.41% on a $859,000 entry. Equity gained on principal adds $5,543/yr, while 5% annual appreciation builds toward $237,326 over five years. Five-year ROI reaches 103.38% and total cumulative return in cash sums $292,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,303/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92883, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 10,906 (78.6%) |
| Renter Occupied HU | 2,284 (16.5%) |
| Vacant Housing Units | 694 ( 5.0%) |
| Median Home Value | $723,748 |
| Average Home Value | $760,276 |
Housing Distribution
Address Breakdown
Residential
12,880
Single Family
11,569
Multi-Family
1,311
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: COLLEEN HORGAN • COLDWELL BANKER REALTY
Mls Name: CRMLS
Mls ID: #IV25277658