8941 Carnation DrCoronaCA92883
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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 8941 Carnation Dr, Corona, CA, 92883 generates $4,139/mo in rent, after a $3,842/mo payment. Total monthly income is $4,139/mo. Return on cash invested sits at 16.73% in year one, and rental yield is 6.33% on a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation builds toward $216,881 over five years. Five-year ROI reaches 85.77% and total cumulative return in cash sums $221,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,139/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,148 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
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Listed by: Kristine Chua • REALTY MASTERS & ASSOCIATES
Mls Name: CRMLS
Mls ID: #CV25140108