1611 Eastridge Dr APT 201AnchorageAK99501
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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
Investment property for sale in Anchorage at 1611 Eastridge Dr APT 201, Anchorage, AK, 99501 listed at $149,900 pairs $1,182/mo rent with a $734/mo payment. Total monthly income runs $1,182/mo. Return on cash invested measures 15.66% in year one, and rental yield registers 9.46% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 83.91% and total cumulative return in cash totals $41,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,182/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$444 monthly 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: Teresa L Burnett • Teresa Burnett Real Estate LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-11119
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