2851 Julia CircleHanfordCA93230
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
Investment Highlights
Investment property for sale in Hanford at 2851 Julia Circle, Hanford, CA, 93230 listed at $347,000 pairs $2,710/mo rent with a $1,698/mo payment to leave $564/mo cash flow. Total monthly income runs $2,710/mo, and annual cash flow reaches $6,765/yr on $115,031 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.37% at a $347,000 basis. Equity gained on principal adds $2,239/yr, and annual property appreciation at 5% supports $95,870 by year five. Five-year ROI tracks 134.38% and total cumulative return in cash totals $154,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,710/mo property income relative to a $1,698/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
8,775 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ian F Divinagracia • Keller Williams Westland Rlty
Mls Name: TCMLS
Mls ID: #237188