404 E Magnolia AveHanfordCA93230
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 404 E Magnolia Ave, Hanford, CA, 93230 at $344,000 posts ROI 23.74% with $364/mo cash flow from $2,507/mo rent. Total monthly income equals $2,507/mo, and annual cash flow records $4,365/yr on $114,036 to close. Return on cash invested measures 23.74% and rental yield reads 8.75% at the current $344,000. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 by year five. Five-year ROI prints 123.44% and total cumulative return in cash totals $140,762.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,507/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
6,921 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: Jennifer M. Dixon • Real Brokerage The United Grp
Mls Name: Kings County MLS
Mls Provider:
Mls ID: #232089
Disclaimer: Based on information from the Kings County Board of REALTORS, (alternatively, from the Kings County MLS) as of 2025-10-26 04:36:13 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.