8620 La Vaca WayHanfordCA93230
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 8620 La Vaca Way, Hanford, CA, 93230 with 5% annual appreciation on a $317,500 basis while $2,155/mo rent supports operations. Total monthly income totals $2,155/mo and a $1,554/mo payment preserves $191/mo for cash returns. Annual cash flow comes to $2,291/yr on $105,251 deployed, and return on cash invested reaches 22.09% in year one. Equity gained on principal adds $2,049/yr, and five-year appreciation sums $87,719 alongside rental yield of 8.14%. Five-year ROI measures 114.49% and total cumulative return in cash totals $120,502.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,155/mo property income versus a $1,554/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
7,800 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: Shanna Caldwell • Century 21 Jordan-Link & Co.
Mls Name: TCMLS
Mls Provider:
Mls ID: #236221
Disclaimer: Based on information from the Tulare County Association of REALTORS as of {{LastUpdated}}. 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.