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995 Pomona Rd #78
B Composite 74.83
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +5.1/10.0
  • Livability +3.2/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.8/5.0
  • Appreciation +2.5/10.0
  • Manufactured-home adj. -6.5

$130,000

995 Pomona Rd #78 · Corona, CA 92882
3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 112 Days on market
Manufactured home Built 1977 Average condition $97/sqft · 26% below area Est $175k · 26% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

If you’ve been looking for a home with room to breathe, this 4-bedroom, 2-bath manufactured home offers one of the best layouts in the community. Enjoy a welcoming covered front porch, fresh exterior paint, and a spacious interior designed for comfortable living. With rare 4-car parking, there’s room for family, guests, and more. Located in a convenient West Corona community close to shopping, schools, and freeway access. A great opportunity to own space without compromise. Rare large manufactured home in all-ages community!

Key facts

  • Covered front porch
  • Full kitchen
  • Great location

Tags

COVERED FRONT PORCHRARE 4-CAR PARKINGFRESH EXTERIOR PAINTSPACIOUS INTERIOR LAYOUTFULL KITCHENGREAT LOCATION

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $130k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $130k).
  • Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
  • Cap rate 16.7% vs local median 2.8% in Corona — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 63/100 on livability (#461 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A-; Watch: commute C-, health & safety D, amenities F.
  • Corona-Norco Unified (suburban): math 46% / reading 61% proficiency, ranked #312 of 1,400 in CA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Parkridge Elementary (658 students, 96% FRL); Auburndale Intermediate (592 students, 88% FRL); Corona High (2,251 students, 86% FRL) — zoned schools average 90% FRL vs 35% district-wide (55 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.4%/yr); 157 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 43d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 1.4% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 112 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 17y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $118,300 (9.0% below list)

Questions for the listing agent

  1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.98%
Cap rate
16.75%
Cash-on-cash
37.33%
DSCR
2.66
GRM
4.2

CMA / ARV

ARV (median comp)
$175,000
List price
$130,000
Delta
-20.00%
Verdict
UNDERPRICED
Comps
9 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
995 Pomona Rd Spc 11 0.04mi 3/2.0 1,344 (0%) 8mo $125,000 $93 91
995 Pomona Rd #86 0.04mi 3/2.0 1,440 (+7%) 24mo $125,000 $87 66
1225 W 8th St #45 0.64mi 3/2.0 1,320 (-2%) 22mo $148,000 $112 49
995 Pomona Rd #47 0.04mi 2/1.0 (-1) 1,152 (-14%) 21mo $75,000 $65 48
307 S Smith Ave #88 0.75mi 3/2.0 1,352 (+1%) 22mo $183,000 $135 46
307 S Smith Ave #67 0.75mi 2/2.0 (-1) 1,440 (+7%) 3mo $175,000 $122 46
307 S Smith Ave #5 0.75mi 2/2.0 (-1) 1,440 (+7%) 4mo $170,000 $118 45
307 S Smith Ave #41 0.75mi 2/2.0 (-1) 1,344 (0%) 22mo $149,900 $112 42
307 S Smith Ave #70 0.75mi 3/2.0 1,440 (+7%) 14mo $185,000 $128 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.45% rent growth · sell at horizon

5-year hold
IRR
31.5%
Equity multiple
2.30×
Total profit
$47,152
Equity at exit
$19,383
10-year hold
IRR
37.8%
Equity multiple
4.25×
Total profit
$118,387
Equity at exit
$11,240

Cash invested: $36,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
4 active · 5 under contract
Months of supply
4.0 mo (25%/mo absorbed)
Median asking
$242,000 ($218/sqft)
Median days on market
116 d
This list price
lowest-priced of the active set
ARV vs active asking
-40.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 92882

Rents YoY
1.4%
Active inventory
157
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$2,571 high interval (Pro) →
Mortgage (P&I)
$682
Tax est. 1.5%
$162 /mo · $1,950/yr
Insurance
$54
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$540
Net cashflow
$1,132

Break-even live

Break-even rent $1,137
Max offer price $130,000
Occupancy floor 51%

Sensitivity live

Price -10% $1,222 -5% $1,177 +0% $1,132 +5% $1,088 +10% $1,043
Rent -10% $929 -5% $1,031 +0% $1,132 +5% $1,234 +10% $1,336
Rate -1.0pp $1,198 -0.5pp $1,166 base $1,132 +0.5pp $1,099 +1.0pp $1,065

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$32,500
Closing costs
$3,900
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1242 D St Corona, CA 4.0 2.0 1246 $2,995 $2.40 64d 1 0.51mi
1242 D St Corona, CA 4.0 2.0 1246 $2,995 $2.40 41d 1 0.51mi
111 W Harrison St Corona, CA 1.0–2.0 1.0–2.0 900 $2,840 $3.16 7d 9 0.75mi
838 Savi Dr #105 Corona, CA 4.0 2.5 1675 $3,500 $2.09 18d 1 0.76mi
418 N Main St Corona, CA 1.0–2.0 1.0–2.0 910 $2,910 $3.20 7d 12 0.77mi
646 Savi Dr #103 Corona, CA 3.0 2.5 1613 $3,250 $2.01 73d 1 0.77mi
646 Savi Dr #102 Corona, CA 3.0 3.5 1542 $3,200 $2.08 73d 1 0.77mi
763 Savi Dr Corona, CA 3.0 2.5 1675 $3,500 $2.09 73d 1 0.77mi
211 W Rincon St Corona, CA 1.0–2.0 1.0–2.0 948 $3,005 $3.17 9d 20 0.79mi
937 Savi Dr Corona, CA 3.0 3.5 1542 $3,200 $2.08 73d 1 0.79mi
901 S Smith Ave Corona, CA 2.0 2.0 985 $1,950 $1.98 93d 1 0.83mi
805 Pathfinder Way Corona, CA 3.0 2.5 1475 $3,100 $2.10 38d 1 0.84mi
604 W 10th St Unit 1 Corona, CA 3.0 2.0 1450 $2,595 $1.79 66d 1 0.84mi
461 River Rd Unit 461-C Corona, CA 2.0 1.5 1072 $2,100 $1.96 9d 1 0.91mi
461 River Rd Unit 473-B Corona, CA 2.0 1.5 1072 $2,100 $1.96 66d 1 0.91mi
864 Bramble Ln Corona, CA 3.0 2.5 1769 $3,350 $1.89 26d 1 0.92mi
928 N Vicentia Ave Unit C Corona, CA 2.0 1.5 1050 $2,100 $2.00 54d 1 1.01mi
931 Rebecca Way Corona, CA 1.0–2.0 1.0–2.0 766 $2,500 $3.26 7d 7 1.01mi
930 Primrose Ln Corona, CA 3.0 2.5 1357 $3,450 $2.54 43d 1 1.02mi
985 Samar Ct Corona, CA 2.0 2.0 945 $2,172 $2.30 16d 3 1.04mi
1617 Toyon Pl Corona, CA 3.0 2.0 1497 $3,295 $2.20 18d 1 1.20mi
1118 Zircon St Corona, CA 4.0 2.0 1870 $3,850 $2.06 46d 1 1.22mi
1704 Lorraine Dr Unit 2 Corona, CA 3.0 2.0 1176 $3,599 $3.06 93d 1 1.32mi
1705 Lorraine Ave Corona, CA 3.0 2.0 1429 $4,349 $3.04 93d 1 1.33mi
1704 Taylor Ave Corona, CA 3.0 2.0 1429 $4,679 $3.27 21d 1 1.33mi
1734 Lorraine Dr Unit 2 Corona, CA 3.0 2.0 1176 $3,529 $3.00 7d 1 1.34mi
929 E Grand Blvd Corona, CA 2.0 1.5 1425 $2,800 $1.96 52d 1 1.35mi
1735 Lorraine Dr Unit 2 Corona, CA 3.0 2.0 1176 $3,759 $3.20 10d 1 1.36mi
680 Susanne St Unit 2 Corona, CA 3.0 2.0 1176 $3,529 $3.00 10d 1 1.37mi
719 Circle City Dr Unit B Corona, CA 3.0 2.0 1200 $2,900 $2.42 30d 1 1.37mi
662 Susanne St Corona, CA 4.0 2.5 1631 $4,249 $2.61 93d 1 1.37mi
662 Susanne St Unit 2 Corona, CA 3.0 2.0 1176 $3,589 $3.05 31d 1 1.38mi
1762 Taylor Ave Corona, CA 4.0 2.5 1631 $4,259 $2.61 93d 1 1.39mi
639 W Citron St Corona, CA 3.0 2.0 1429 $4,099 $2.87 93d 1 1.39mi
629 Citron St Unit 2 Corona, CA 3.0 2.0 1176 $3,639 $3.09 73d 1 1.40mi
619 W Citron St Corona, CA 4.0 2.5 1631 $4,289 $2.63 73d 1 1.40mi
611 Citron St Unit 2 Corona, CA 3.0 2.0 1176 $3,649 $3.10 10d 1 1.40mi
1088 Peaceful Dr Corona, CA 3.0 2.0 1100 $3,000 $2.73 26d 1 1.42mi
990 Margarita Dr Corona, CA 2.0 2.0 888 $2,185 $2.46 48d 1 1.43mi
1700 Via Pacifica Corona, CA 3.0 1.0–2.0 900 $3,250 $3.61 7d 20 1.44mi

Property features AI

Finance

Financial info
Land lease amount: $1,900
HOA & community
Land lease communityPark name: Corona WestManager approval requiredPets allowedCurbs in community

Exterior

Parking
Located in Corona West park
Utilities
Public sewerDistrict/public water
Home design
Manufactured/mobile home (12' x 56')Single-storyEntry at frontLiving area per assessor's data
Construction
Mobile home remains on siteYear built: builder provided
Exterior features
Community poolPaved lot/drive

Interior

Kitchen
Gas rangeDishwasher
Bedrooms
All bedrooms on ground level
Bathrooms
2 full bathrooms
Heating & cooling
Central furnace heatingCentral cooling
Interior features
Ceiling fanSingle-level (one story)Front entry
Laundry & utility
Inside laundryGas and electric dryer hookup

Listing history 50 events

  1. 2026-08-08
    days on market $130,000 Active 112 DOM
  2. 2026-08-06
    days on market $130,000 Active 110 DOM
  3. 2026-08-05
    days on market $130,000 Active 109 DOM
  4. 2026-08-04
    days on market $130,000 Active 108 DOM
  5. 2026-08-03
    pricedays on market $130,000 Active 107 DOM
  6. 2026-07-31
    days on market $140,000 Active 104 DOM
  7. 2026-07-30
    days on market $140,000 Active 103 DOM
  8. 2026-07-30
    days on market $140,000 Active 102 DOM
  9. 2026-07-28
    days on market $140,000 Active 101 DOM
  10. 2026-07-26
    days on market $140,000 Active 99 DOM
  11. 2026-07-24
    days on market $140,000 Active 97 DOM
  12. 2026-07-23
    days on market $140,000 Active 96 DOM
  13. 2026-07-22
    days on market $140,000 Active 95 DOM
  14. 2026-07-21
    days on market $140,000 Active 94 DOM
  15. 2026-07-20
    days on market $140,000 Active 93 DOM
  16. 2026-07-18
    days on market $140,000 Active 91 DOM
  17. 2026-07-18
    days on market $140,000 Active 90 DOM
  18. 2026-07-16
    days on market $140,000 Active 89 DOM
  19. 2026-07-15
    days on market $140,000 Active 88 DOM
  20. 2026-07-14
    days on market $140,000 Active 87 DOM
  21. 2026-07-13
    days on market $140,000 Active 86 DOM
  22. 2026-07-13
    days on market $140,000 Active 85 DOM
  23. 2026-07-11
    days on market $140,000 Active 84 DOM
  24. 2026-07-10
    days on market $140,000 Active 83 DOM
  25. 2026-07-09
    days on market $140,000 Active 82 DOM
  26. 2026-07-07
    days on market $140,000 Active 80 DOM
  27. 2026-07-06
    days on market $140,000 Active 79 DOM
  28. 2026-07-06
    days on market $140,000 Active 78 DOM
  29. 2026-07-05
    days on market $140,000 Active 77 DOM
  30. 2026-07-03
    days on market $140,000 Active 76 DOM
  31. 2026-07-02
    days on market $140,000 Active 75 DOM
  32. 2026-07-01
    days on market $140,000 Active 74 DOM
  33. 2026-06-30
    days on market $140,000 Active 73 DOM
  34. 2026-06-29
    days on market $140,000 Active 72 DOM
  35. 2026-06-28
    days on market $140,000 Active 71 DOM
  36. 2026-06-27
    days on market $140,000 Active 70 DOM
  37. 2026-06-26
    days on market $140,000 Active 69 DOM
  38. 2026-06-24
    days on market $140,000 Active 67 DOM
  39. 2026-06-22
    days on market $140,000 Active 65 DOM
  40. 2026-06-21
    days on market $140,000 Active 64 DOM
  41. 2026-06-18
    days on market $140,000 Active 61 DOM
  42. 2026-06-17
    days on market $140,000 Active 60 DOM
  43. 2026-06-16
    days on market $140,000 Active 59 DOM
  44. 2026-06-15
    days on market $140,000 Active 58 DOM
  45. 2026-06-13
    days on market $140,000 Active 56 DOM
  46. 2026-06-13
    days on market $140,000 Active 55 DOM
  47. 2026-06-09
    days on market $140,000 Active 52 DOM
  48. 2026-06-08
    days on market $140,000 Active 51 DOM
  49. 2026-06-07
    days on market $140,000 Active 50 DOM
  50. 2026-06-04
    days on market $140,000 Active 47 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 7/10 Severe 6 d/yr ≥100°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 19 unhealthy d/yr today · 23 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$30,849
− Mortgage interest
−$7,282
− Property taxes
−$1,950
− Insurance
−$650
− Repairs & maintenance
−$2,468
− Management
−$2,468
− Depreciation
−$3,782
Taxable income
$12,249
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,940
After-tax cash flow
$10,650/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 10 photos

Average 55/100 Cosmetic rehab Est. rehab $6,720–$20,160 screening

A move-in ready manufactured home with average condition, requiring minor repairs and maintenance to enhance its resale and rental value.

Repairs flagged

  • Minor Paint — Some wear visible on interior walls and exterior siding

Value-add opportunities

  • Both Paint interior and exterior — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping and curb appeal improvements — Well-maintained landscaping and curb appeal attract potential buyers/tenants

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Parkridge Elementary Middle Auburndale Intermediate High Corona High

Schools (NCES district)

District
Corona-Norco Unified
NCES district ID
0609850
Math proficiency
46% ▲ 1.00%
Reading proficiency
61% ▬ 0.00%
Median HH income
$83,380
Composite
50.72/100
National rank
#3920
State rank
#312 of 1400 in CA
C Composite livability gradescore 63/100

Livability — Corona

Score
63/100
State rank
#461
US rank
#15787

Category grades

Amenities F Commute C- Cost of living F Crime B- Employment A+ Housing A- Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Corona, CA
County
Riverside County · 2,664,475 people
City population
188,369
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
68,715
Household income
$104,457
Rent vs Own
35.5% rent · 64.5% own
Severe rent burden
12% of renters

Population outlook (Riverside County) Hauer SSP2

Today (2025)
2,664,475 people
By 2030
2,802,692 · +5.2%
By 2040
3,050,904 · +14.5%
By 2050
3,256,783 · +22.2%
By 2075
3,655,058 · +37.2%
By 2100
3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
Hispanic / Latino 52% White 31% Two or more races 17% Asian 9% Black 4%
Hispanic origin (detail)
Mexican 44% Puerto Rican 1%
Common ancestry
Italian 4% Romanian 1% Portuguese 1%
Foreign-born
24% · Canada, South Korea, China
Languages at home
54% English-only · Spanish 36% Other Indo-European 3% Arabic 2%

Political lean MEDSL · Riverside

2024 margin
Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
2008→2024 swing
-3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
All cycles
2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

Civics

Price history

+55.7% since first listed
3 events — show timeline
  • 2026-04-18 Listed $140,000 CRMLS
  • 2009-07-19 Listing Removed CRMLS
  • 2009-01-20 Listed $89,900 CRMLS

Property tax history

-10.5%/yr

Latest (2025): $190 · +4.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…