1308 Karluk StAnchorageAK99501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1308 Karluk St, Anchorage, AK, 99501 priced at $995,000 pairs $2,918/mo rent with after a $4,870/mo payment. Total monthly income equals $2,918/mo. Return on cash invested is 8.53% in year one, and rental yield stands at 3.52% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 41.64% and total cumulative return in cash reaches $136,314. For financing, Ziffy Mortgage’s DSCR program evaluates $2,918/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1983
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99501, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,755 (100%) |
| Owner Occupied HU | 2,588 (26.5%) |
| Renter Occupied HU | 5,649 (57.9%) |
| Vacant Housing Units | 1,518 (15.6%) |
| Median Home Value | $475,000 |
| Average Home Value | $538,238 |
Housing Distribution
Address Breakdown
Residential
8,483
Single Family
3,820
Multi-Family
4,663
Businesses
1,425
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Listed by: Lance Cole • Real Broker Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-10582
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