1980 Spruce CirAndersonCA96007
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1980 Spruce Cir, Anderson, CA, 96007 in Anderson. At $234,700 it earns $1,742/mo in rent and distributes $291/mo to the owner after the $1,055/mo payment, a consistent 8.91% yield. DSCR 1.65 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,843 in value; $2,162/yr in principal paydown compounds ownership stake. Total projected return: $107,681.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.0% |
| Monthly Cash Flow | $291 | $1,200 |
City averages based on Anderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,742 |
| Total Monthly Debt Service | $1,359 |
| DSCR Ratio | 1.28x |
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
4,791 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
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
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John J Beckwith • United Country R.E. McArthur
Mls Name: SMLS
Mls ID: #25-3949