3034 Plum LnHanfordCA93230
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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
Rental property for sale in Hanford at 3034 Plum Ln, Hanford, CA, 93230 priced at $449,900 pairs $3,137/mo rent with $346/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,137/mo, and annual cash flow comes to $4,152/yr on $149,142 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 8.37% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 117.82% and total cumulative return in cash reaches $175,714. For financing, Ziffy Mortgage’s DSCR program evaluates $3,137/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
9,313 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: #231471
Disclaimer: Based on information from the Kings County Board of REALTORS, (alternatively, from the Kings County MLS) as of 2025-02-12 08:46:18 PST. 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.