11420 Shepard DriveHanfordCA93230
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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 Hanford at 11420 Shepard Drive, Hanford, CA, 93230 listed at $289,900 pairs $2,258/mo rent with a $1,419/mo payment to leave $465/mo cash flow. Total monthly income runs $2,258/mo, and annual cash flow reaches $5,574/yr on $96,102 cash to close. Return on cash invested measures 25.71% in year one, and rental yield registers 9.35% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 133.95% and total cumulative return in cash totals $128,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93230, Hanford, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,861 (100%) |
| Owner Occupied HU | 14,249 (57.3%) |
| Renter Occupied HU | 9,414 (37.9%) |
| Vacant Housing Units | 1,198 ( 4.8%) |
| Median Home Value | $364,604 |
| Average Home Value | $391,214 |
Housing Distribution
Address Breakdown
Residential
24,064
Single Family
22,169
Multi-Family
1,895
Businesses
1,521
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Listed by: Kyle J Wilkins • Universal Realty Services, Inc
Mls Name: TCMLS
Mls Provider:
Mls ID: #231760
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-02-12 08:20:39 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.