1961 Spruce CirAndersonCA96007
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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 1961 Spruce Cir, Anderson, CA, 96007 listed at $225,750 pairs $1,724/mo rent with a $1,105/mo payment to leave $290/mo cash flow. Total monthly income runs $1,724/mo, and annual cash flow reaches $3,484/yr on $74,836 cash to close. Return on cash invested measures 24.56% in year one, and rental yield registers 9.16% at a $225,750 basis. Equity gained on principal adds $1,457/yr, and annual property appreciation at 5% supports $62,371 by year five. Five-year ROI tracks 128.05% and total cumulative return in cash totals $95,824. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,724/mo property income relative to a $1,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3,484 sqft 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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Nearby investment properties with comparable prices
Listed by: Katherine H Luther • eXp Realty of California, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-5040
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.