2324 N Chateau WayHanfordCA93230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2324 N Chateau Way, Hanford, CA, 93230 in Hanford. At $450,873 it earns $3,120/mo in rent and distributes $331/mo to the owner after the $2,027/mo payment, a consistent 8.3% yield. DSCR 1.54 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,568 in value; $4,153/yr in principal paydown compounds ownership stake. Total projected return: $192,275.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $331 | $300 |
City averages based on Hanford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,120 |
| Total Monthly Debt Service | $2,610 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A 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
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
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roxanne Aragon • San Joaquin Valley Homes
Mls Name: San Joaquin Valley Homes
Mls ID: #N/A