1124 Contrary CtAnchorageAK99515
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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 1124 Contrary Ct, Anchorage, AK, 99515 generates $2,324/mo in rent, after a $4,792/mo payment. Total monthly income is $2,324/mo. Return on cash invested sits at 6.49% in year one, and rental yield is 2.85% on a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 30.72% and total cumulative return in cash sums $98,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99515, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,540 (100%) |
| Owner Occupied HU | 6,267 (73.4%) |
| Renter Occupied HU | 1,817 (21.3%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $449,968 |
| Average Home Value | $511,351 |
Housing Distribution
Address Breakdown
Residential
8,326
Single Family
7,284
Multi-Family
1,042
Businesses
753
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