2255 Carter 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 2255 Carter Way, Hanford, CA, 93230 uses $129,285 cash to close to unlock $14,391/yr annual cash flow and $1,199/mo monthly cash flow. Total monthly income runs $3,612/mo, and a $1,909/mo payment keeps the spread at $1,199/mo. Purchase price stands at $390,000, and rental yield measures 11.11% with $3,612/mo rent. Return on cash invested shows 31.04% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 162.55% and total cumulative return in cash records $210,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,612/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1966
9,099 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: Brooke E. Lopes • AG Realty
Mls Name: Kings County MLS
Mls Provider:
Mls ID: #232061
Disclaimer: Based on information from the Kings County Board of REALTORS, (alternatively, from the Kings County MLS) as of 2025-06-09 21:06:05 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.