514 E Magnolia AveHanfordCA93230
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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 514 E Magnolia Ave, Hanford, CA, 93230 at $375,000 posts ROI 29.56% with $1,000/mo cash flow from $3,319/mo rent. Total monthly income equals $3,319/mo, and annual cash flow records $11,995/yr on $124,313 to close. Return on cash invested measures 29.56% and rental yield reads 10.62% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 154.59% and total cumulative return in cash totals $192,171.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,319/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
7,200 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: Ashli L. Russell • Century 21 Jordan-Link & Compa
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #616222
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.