1255 Fitzgerald LnHanfordCA93230
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1255 Fitzgerald Ln, Hanford, CA, 93230 offers a 11.45% rental yield on a $350,000 purchase with $3,341/mo rent. Total monthly income registers $3,341/mo, and a $1,713/mo payment leaves $1,176/mo available for distribution. Annual cash flow reaches $14,111/yr on $116,025 to close, and return on cash invested stands at 32.07% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 168.05% and total cumulative return in cash at $194,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,341/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.46 Acres 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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Nearby investment properties with comparable prices
Listed by: Concepcion C. Encinia • eXp Realty of Northern CA
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505173
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.