1607 W 14th AveAnchorageAK99501
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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 1607 W 14th Ave, Anchorage, AK, 99501 generates $6,043/mo in rent, after a $8,296/mo payment. Total monthly income is $6,043/mo. Return on cash invested sits at 11% in year one, and rental yield is 4.28% on a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 54.85% and total cumulative return in cash sums $301,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,043/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.38 Acres 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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