1675 Sitka St APT 203AnchorageAK99501
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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 1675 Sitka St APT 203, Anchorage, AK, 99501 offers a 10.73% rental yield on a $180,000 purchase with $1,610/mo rent. Total monthly income registers $1,610/mo, and a $881/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $120/yr on $59,670 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 107.46% and total cumulative return in cash at $64,121. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,610/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$503 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: Sandra I Nunes • RE/MAX Dynamic Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-4200
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