1534 W Norfolk DrHanfordCA93230
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 1534 W Norfolk Dr, Hanford, CA, 93230 at $489,900 posts ROI 20.97% with $143/mo cash flow from $3,288/mo rent. Total monthly income equals $3,288/mo, and annual cash flow records $1,720/yr on $162,402 to close. Return on cash invested measures 20.97% and rental yield reads 8.05% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 108.83% and total cumulative return in cash totals $176,741.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,288/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
9,086 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: Holley McKay • Keller Williams Rlty Kings Co.
Mls Name: Kings County MLS
Mls Provider:
Mls ID: #231905
Disclaimer: Based on information from the Kings County Board of REALTORS, (alternatively, from the Kings County MLS) as of 2025-04-16 18:26:12 PDT. 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.