1010 W 29th PlAnchorageAK99503
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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 Anchorage at 1010 W 29th Pl, Anchorage, AK, 99503 generates $2,353/mo in rent, after a $2,887/mo payment. Total monthly income is $2,353/mo. Return on cash invested sits at 12.38% in year one, and rental yield is 4.79% on a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 62.34% and total cumulative return in cash sums $120,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,353/mo property income rather than buyer’s personal income.
Multi Family
Built in 1966
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99503, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,964 (100%) |
| Owner Occupied HU | 1,855 (26.6%) |
| Renter Occupied HU | 4,305 (61.8%) |
| Vacant Housing Units | 804 (11.5%) |
| Median Home Value | $348,778 |
| Average Home Value | $368,051 |
Housing Distribution
Address Breakdown
Residential
6,346
Single Family
2,920
Multi-Family
3,426
Businesses
1,949
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