945 Ferndale DrCoronaCA92881
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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 945 Ferndale Dr, Corona, CA, 92881 offers a 6.4% rental yield on a $780,000 purchase with $4,158/mo rent. 94% in year one. Equity gained on principal adds $5,033/yr while 5% annual appreciation supports $215,500 over five years. Portfolio math shows five-year ROI at 86.88% and total cumulative return in cash at $222,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,158/mo property income against a $3,818/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
4,356 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: WALTER BRIMM • COLDWELL BANKER REALTY
Mls Name: CRMLS
Mls ID: #IV25259447