620 Walnut CirCoronaCA92881
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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 620 Walnut Cir, Corona, CA, 92881 priced at $925,000 converts $4,606/mo rent into after a $4,527/mo obligation. Total monthly income equals $4,606/mo. Return on cash invested prints 15.66% in year one, and rental yield reads 5.98% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 80.03% and total cumulative return in cash sums $243,541. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,606/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1994
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92881, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,260 (100%) |
| Owner Occupied HU | 7,155 (77.3%) |
| Renter Occupied HU | 1,854 (20.0%) |
| Vacant Housing Units | 251 ( 2.7%) |
| Median Home Value | $756,107 |
| Average Home Value | $796,142 |
Housing Distribution
Address Breakdown
Residential
9,397
Single Family
8,751
Multi-Family
646
Businesses
624
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Listed by: Manny De Silvia • Century 21 Masters
Mls Name: CRMLS
Mls ID: #IG25276290