245 Fall Leaf CirAnchorageAK99504
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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 245 Fall Leaf Cir, Anchorage, AK, 99504 priced at $245,000 converts $2,165/mo rent into $599/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,165/mo, and annual cash flow totals $7,184/yr on $81,218 invested. Return on cash invested prints 28.75% in year one, and rental yield reads 10.6% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 150.54% and total cumulative return in cash sums $122,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,165/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99504, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 9,510 (56.6%) |
| Renter Occupied HU | 5,947 (35.4%) |
| Vacant Housing Units | 1,359 ( 8.1%) |
| Median Home Value | $354,304 |
| Average Home Value | $374,877 |
Housing Distribution
Address Breakdown
Residential
16,110
Single Family
12,928
Multi-Family
3,182
Businesses
361
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Listed by: Connie Giddings • RE/MAX Dynamic Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-11568
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