Gross rental yield of 5.83% — ranked #96 of 963 California ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +3.2% | +23.0% |
| Market rent | +3.5% | — |
Metro: Hanford-Corcoran, CA · County: Kings County · Annual rent: $22,644
Similar home values, sorted by yield — the cheapest way to see if 93245 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 93263 | Shafter | CA | $385,554 | $2,640 | 8.22% | 12.2 | -0.8% |
| 93230 | Hanford | CA | $385,095 | $2,053 | 6.40% | 15.6 | +2.4% |
| 95204 | Stockton | CA | $384,503 | $1,810 | 5.65% | 17.7 | -3.0% |
| 92543 | Hemet | CA | $385,216 | $1,750 | 5.45% | 18.3 | -1.2% |
| 96002 | Redding | CA | $384,061 | $1,652 | 5.16% | 19.4 | -0.6% |
| 96001 | Redding | CA | $388,740 | $1,506 | 4.65% | 21.5 | -1.1% |
| 92243 | El Centro | CA | $388,902 | $1,467 | 4.53% | 22.1 | +7.6% |
| 95501 | Eureka | CA | $392,536 | $1,446 | 4.42% | 22.6 | -3.6% |
Top rental yields in all of California →
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