2104 Franklin WayHanfordCA93230
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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 2104 Franklin Way, Hanford, CA, 93230 listed at $489,000 pairs $3,173/mo rent with a $2,393/mo payment to leave $148/mo cash flow. Total monthly income runs $3,173/mo, and annual cash flow reaches $1,780/yr on $162,104 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 7.79% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 108.74% and total cumulative return in cash totals $176,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,405 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: Ashley Lovrencevic • London Properties - Hanford
Mls Name: TCMLS
Mls ID: #237628