983 Elsa Ct UNIT BCoronaCA92881
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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 983 Elsa Ct UNIT B, Corona, CA, 92881 earns from $3,084/mo rent with a $2,741/mo payment. Total monthly income totals $3,084/mo. ROI tracks 17.58% on current figures, and rental yield reads 6.61% at a $559,999 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,717 over five years. Five-year ROI reaches 90.34% and total cumulative return in cash sums $166,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,084/mo property income instead of your personal income.
Condo
Built in 1984
N/A 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: Michelle Talley • Century 21 Garland
Mls Name: CRMLS
Mls ID: #IG25189345