11351 Discovery View Dr APT 103AnchorageAK99515
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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 11351 Discovery View Dr APT 103, Anchorage, AK, 99515 generates $2,687/mo in rent, after a $1,786/mo payment. Total monthly income is $2,687/mo. Return on cash invested sits at 19.42% in year one, and rental yield is 8.83% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash sums $123,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$512 monthly 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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Listed by: Konstantin A Gaskov • Elite Real Estate Anchorage Branch
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-9797
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