2105 Minerva Way #2105AnchorageAK99515
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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 2105 Minerva Way #2105, Anchorage, AK, 99515 uses $74,588 cash to close to unlock $4,404/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $1,738/mo, and a $1,101/mo payment keeps the spread at $367/mo. Purchase price stands at $225,000, and rental yield measures 9.27% with $1,738/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 134.37% and total cumulative return in cash records $100,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,738/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99515, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,540 (100%) |
| Owner Occupied HU | 6,267 (73.4%) |
| Renter Occupied HU | 1,817 (21.3%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $449,968 |
| Average Home Value | $511,351 |
Housing Distribution
Address Breakdown
Residential
8,326
Single Family
7,284
Multi-Family
1,042
Businesses
753
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