1621 Dimond DrAnchorageAK99507
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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 1621 Dimond Dr, Anchorage, AK, 99507 uses $140,888 cash to close to unlock $5,328/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $2,080/mo payment keeps the spread at $444/mo. Purchase price stands at $425,000, and rental yield measures 8.57% with $3,034/mo rent. Return on cash invested shows 23.69% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 122.99% and total cumulative return in cash records $173,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
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