409 Central AvenueHanfordCA93230
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 409 Central Avenue, Hanford, CA, 93230 at $275,000 posts ROI 14.92% with from $1,322/mo rent. Total monthly income equals $1,322/mo. Return on cash invested measures 14.92% and rental yield reads 5.77% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 76.07% and total cumulative return in cash totals $69,347. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,322/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1903
6,098 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: Connie Encinia • eXp Realty of Northern Ca, Inc
Mls Name: TCMLS
Mls ID: #238132