852-2 E Grangeville Blvd SPACE 2HanfordCA93230
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
Rental property for sale in Hanford at 852-2 E Grangeville Blvd SPACE 2, Hanford, CA, 93230 generates $1,038/mo in rent and, after a $636/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,038/mo, and annual cash flow is $2,809/yr on $43,095 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.58% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash sums $59,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,038/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
3,301 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: Deanna J. Raeber • Deanna Raeber
Mls Name: Kings County MLS
Mls ID: #233134