822 Corona AveCoronaCA92879
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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 822 Corona Ave, Corona, CA, 92879 priced at $715,000 converts $4,436/mo rent into $12/mo cash flow after a $3,500/mo obligation. Total monthly income equals $4,436/mo, and annual cash flow totals $149/yr on $235,235 invested. Return on cash invested prints 20.12% in year one, and rental yield reads 7.45% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 103.96% and total cumulative return in cash sums $244,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,436/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.33 Acres 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: Carlos Castillo • ROA California Inc
Mls Name: CRMLS
Mls ID: #PW25138159