893 Tangelo Way #101CoronaCA92878
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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 893 Tangelo Way #101, Corona, CA, 92878 listed at $579,990 pairs $3,955/mo rent with a $2,839/mo payment to leave $367/mo cash flow. Total monthly income runs $3,955/mo, and annual cash flow reaches $4,402/yr on $190,817 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 8.18% at a $579,990 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,241 by year five. Five-year ROI tracks 115.98% and total cumulative return in cash totals $221,309. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,955/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92878, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,744 (100%) |
| Owner Occupied HU | 3,285 (57.2%) |
| Renter Occupied HU | 2,338 (40.7%) |
| Vacant Housing Units | 121 ( 2.1%) |
| Median Home Value | $630,938 |
| Average Home Value | $625,359 |
Housing Distribution
Address Breakdown
Residential
5,762
Single Family
5,087
Multi-Family
675
Businesses
1,574
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Listed by: Angela Xu • Re/Max Champions
Mls Name: CRMLS
Mls ID: #TR25171085