1113 W Fireweed Ln SUITE 202AnchorageAK99503
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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 Anchorage at 1113 W Fireweed Ln SUITE 202, Anchorage, AK, 99503 listed at $220,000 pairs $1,926/mo rent with a $1,077/mo payment to leave $183/mo cash flow. Total monthly income runs $1,926/mo, and annual cash flow reaches $2,191/yr on $72,930 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 10.51% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 121.23% and total cumulative return in cash totals $88,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,926/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
$352 monthly 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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Listed by: Carla Scott • Jack White Real Estate
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-10296
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