Plan 3 Plan, SerranoCoronaCA92883
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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 Plan 3 Plan, Serrano, Corona, CA, 92883 offers a 10.71% rental yield on a $702,990 purchase with $6,274/mo rent. Total monthly income registers $6,274/mo, and a $3,441/mo payment leaves $1,925/mo available for distribution. Annual cash flow reaches $23,100/yr on $231,284 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $4,536/yr while 5% annual appreciation supports $194,223 over five years. Portfolio math shows five-year ROI at 157.17% and total cumulative return in cash at $363,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,274/mo property income against a $3,441/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: Tammy • Taylor Morrison
Mls Name: Taylor Morrison
Mls Provider:
Mls ID: #N/A