2396 Cabrillo 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 2396 Cabrillo Way, Hanford, CA, 93230 earns from $3,173/mo rent with a $3,035/mo payment. Total monthly income totals $3,173/mo. ROI tracks 16.16% on current figures, and rental yield reads 6.14% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 82.72% and total cumulative return in cash sums $168,735. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,173/mo property income instead of your personal income.
Single Family
Built in 1997
0.25 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: Ashley Costa • Century 21 Jordan-Link & Comp
Mls Name: Kings County MLS
Mls ID: #233060