2638 Forest Park Dr #112AnchorageAK99517
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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 2638 Forest Park Dr #112, Anchorage, AK, 99517 uses $62,985 cash to close to unlock $10,848/yr annual cash flow and $904/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $930/mo payment keeps the spread at $904/mo. Purchase price stands at $190,000, and rental yield measures 13.02% with $2,062/mo rent. Return on cash invested shows 37.13% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 195.06% and total cumulative return in cash records $122,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99517, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,129 (53.7%) |
| Renter Occupied HU | 2,867 (37.3%) |
| Vacant Housing Units | 689 ( 9.0%) |
| Median Home Value | $420,515 |
| Average Home Value | $489,656 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
5,362
Multi-Family
1,795
Businesses
182
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