17956/58 New Riders WayAndersonCA96007
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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 Anderson at 17956/58 New Riders Way, Anderson, CA, 96007 uses $102,765 cash to close to unlock $4,831/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $1,517/mo payment keeps the spread at $403/mo. Purchase price stands at $310,000, and rental yield measures 8.98% with $2,320/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 128.05% and total cumulative return in cash records $131,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
12.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96007, Anderson, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,217 (100%) |
| Owner Occupied HU | 6,266 (61.3%) |
| Renter Occupied HU | 3,249 (31.8%) |
| Vacant Housing Units | 702 ( 6.9%) |
| Median Home Value | $348,589 |
| Average Home Value | $403,285 |
Housing Distribution
Address Breakdown
Residential
9,771
Single Family
9,172
Multi-Family
599
Businesses
803
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Listed by: Shane C Paiz • eXp Realty of California, Inc.
Mls Name: SMLS
Mls ID: #25-3584