2680 Lovejoy DrAnchorageAK99508
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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 2680 Lovejoy Dr, Anchorage, AK, 99508 uses $117,683 cash to close to unlock $240/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,184/mo, and a $1,738/mo payment keeps the spread at $20/mo. Purchase price stands at $355,000, and rental yield measures 7.38% with $2,184/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 103.79% and total cumulative return in cash records $122,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,184/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99508, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,256 (44.3%) |
| Renter Occupied HU | 6,418 (45.4%) |
| Vacant Housing Units | 1,448 (10.3%) |
| Median Home Value | $348,114 |
| Average Home Value | $378,203 |
Housing Distribution
Address Breakdown
Residential
12,696
Single Family
7,755
Multi-Family
4,941
Businesses
719
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