Real Estate Investing in Anderson, California (96007)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 96007 (Anderson, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Anderson, CA (96007)?
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Market Analysis: 96007 Anderson
Not every below-median market is a bargain. Anderson's 96007 ZIP clocks in at signals that favor experienced operators who can absorb the risk $346K pricing implies.
The investment case in 96007 is durable only for operators who understand what they are buying. A $346K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 96007 and stronger Anderson ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 96007 ZIP's population of 25,009 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Anderson:
Property Strategy for 96007
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $234,065 | $1,460 | 4.5% | +3.0% | $117,032 |
| 3BR | $341,593 | $2,040 | 4.3% | +4.8% | $113,864 |
| 4BR | $445,177 | $2,440 | 3.9% | +4.4% | $111,294 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 96007 Compare?
| Metric | 96007 | Anderson | Redding, CA | California |
|---|---|---|---|---|
| Home Value | $345,889 | $345,889 | N/A | $761,003 |
| 5-Year CAGR | 1.8% | 1.8% | N/A | 5.7% |
| Avg Rent | $1,594 | $1,594 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 96007 (Anderson, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $345,889 |
| Monthly Rent | $1,594 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 96007
Population: 25,009
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 96007
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,642 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Anderson, CA?
Homes in Anderson, CA typically sell near $346K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Does house hacking work in Anderson, CA?
For house hackers, Anderson, CA is a challenging. The $1,594/mo rent on a unit helps defray the mortgage on a $346K property.
Are eviction rules reasonable in Anderson, CA?
Rental owners in Anderson, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
What monthly rent should investors expect in Anderson, CA?
Rents in Anderson, CA run near $1,594/mo. Compared with median home prices of $346K that produces solid gross yields for typical rentals.
What is the tenant pool like in Anderson, CA?
Anderson, CA draws a consistent base of working renters. Demand at the $1,594/mo rent level is reasonable for standard single-family and small multi rentals.
You know 96007 now. You don’t know where it ranks.
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How 96007 ranks in Redding, CA
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