1980 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 1980 Spruce Cir, Anderson, CA, 96007 uses $77,803 cash to close to unlock $3,478/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,742/mo, and a $1,149/mo payment keeps the spread at $290/mo. Purchase price stands at $234,700, and rental yield measures 8.91% with $1,742/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $64,843 over five years. Five-year ROI reaches 126.81% and total cumulative return in cash records $98,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,742/mo property income covering a $1,149/mo payment rather than investor’s personal income.
Single Family
Built in 1979
4,791 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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Listed by: John J Beckwith • United Country R.E. McArthur
Mls Name: SMLS
Mls ID: #25-3949