2320 Mona AveAnchorageAK99516
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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 2320 Mona Ave, Anchorage, AK, 99516 generates $6,047/mo in rent and, after a $4,596/mo payment, leaves $324/mo in cash flow. Total monthly income is $6,047/mo, and annual cash flow is $3,890/yr on $308,931 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 7.73% on a $939,000 entry. Equity gained on principal adds $6,059/yr, while 5% annual appreciation builds toward $259,428 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash sums $340,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,047/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99516, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,675 (100%) |
| Owner Occupied HU | 6,676 (87.0%) |
| Renter Occupied HU | 674 ( 8.8%) |
| Vacant Housing Units | 325 ( 4.2%) |
| Median Home Value | $623,029 |
| Average Home Value | $669,497 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,443
Multi-Family
0
Businesses
37
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