1403 Nelchina 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
Investment property for sale in Anchorage at 1403 Nelchina St, Anchorage, AK, 99501 uses $61,328 cash to close to unlock $11,667/yr annual cash flow and $972/mo monthly cash flow. Total monthly income runs $2,289/mo, and a $905/mo payment keeps the spread at $972/mo. Purchase price stands at $185,000, and rental yield measures 14.85% with $2,289/mo rent. Return on cash invested shows 38.93% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 206.14% and total cumulative return in cash records $126,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,289/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1953
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rodger Cinkota • Denali Real Estate
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-6230
Disclaimer: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.