12840 10th AvenueHanfordCA93230
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
Rental property for sale in Hanford at 12840 10th Avenue, Hanford, CA, 93230 offers $2,964/mo rent that, after a $1,999/mo payment, leaves $350/mo cash flow. Total monthly income is $2,964/mo, and annual cash flow is $4,203/yr on $135,418 cash. Return on cash invested measures 23.01% in year one, and rental yield stands at 8.71% at a $408,500 entry. Equity gained on principal adds $2,636/yr while 5% annual appreciation compounds into $112,861 by year five. Five-year ROI records 119.78% and total cumulative return in cash reaches $162,200. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,964/mo property income versus a $1,999/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.80 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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Listed by: Susanna Alcoser • Realty One Group Action
Mls Name: TCMLS
Mls Provider:
Mls ID: #232256
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. 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.