1994 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
Rental property for sale in Anderson at 1994 Spruce Cir, Anderson, CA, 96007 generates $1,724/mo in rent and, after a $951/mo payment, leaves $517/mo in cash flow. Total monthly income is $1,724/mo, and annual cash flow is $6,206/yr on $64,377 invested. Return on cash invested sits at 29.55% in year one, and rental yield is 10.65% on a $194,200 entry. Equity gained on principal adds $1,253/yr, while 5% annual appreciation builds toward $53,654 over five years. Five-year ROI reaches 154.62% and total cumulative return in cash sums $99,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
4,748 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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