911 Homestead RdCoronaCA92878
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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 911 Homestead Rd, Corona, CA, 92878 generates $4,630/mo in rent, after a $4,400/mo payment. Total monthly income is $4,630/mo. Return on cash invested sits at 16.28% in year one, and rental yield is 6.18% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 83.35% and total cumulative return in cash sums $246,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
6,970 sqft 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: HARMANDEEP SODHI • Five Rivers Real Estate Inc.
Mls Name: CRMLS
Mls ID: #IV25160490