1971 Spruce CirAndersonCA96007
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1971 Spruce Cir, Anderson, CA, 96007 in Anderson: $1,702/mo in rent, $248/mo in net income, 8.69% gross yield, 1.61 DSCR, all at $235,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $64,926 in appreciation and $2,164/yr in principal paydown projects total cumulative return of $105,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.0% |
| Monthly Cash Flow | $248 | $1,200 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,702 |
| Total Monthly Debt Service | $1,360 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
4,356 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
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
Single Family
Built in 1979
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard E Nance • eXp Realty of California, Inc.
Mls Name: SMLS
Mls ID: #26-344