1967 Mulberry DrHanfordCA93230
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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 1967 Mulberry Dr, Hanford, CA, 93230 listed at $510,000 pairs $3,395/mo rent with a $2,496/mo payment to leave $240/mo cash flow. Total monthly income runs $3,395/mo, and annual cash flow reaches $2,883/yr on $167,790 cash to close. Return on cash invested measures 21.78% in year one, and rental yield registers 7.99% at a $510,000 basis. Equity gained on principal adds $3,291/yr, and annual property appreciation at 5% supports $140,904 by year five. Five-year ROI tracks 112.85% and total cumulative return in cash totals $189,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,395/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.29 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: Kimber Regan • Help-U-Sell RE Platinum Prop.
Mls Name: Kings County MLS
Mls ID: #232068