2835 Chesapeake AveAnchorageAK99516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2835 Chesapeake Ave, Anchorage, AK, 99516 offers $3,480/mo rent that, after a $3,156/mo payment. Total monthly income is $3,480/mo. Return on cash invested measures 16.74% in year one, and rental yield stands at 6.48% at a $644,900 entry. Equity gained on principal adds $4,161/yr while 5% annual appreciation compounds into $178,174 by year five. Five-year ROI records 85.96% and total cumulative return in cash reaches $182,384. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,480/mo property income versus a $3,156/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,712 sqft lot
$N/A/sqft
$350 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Sloane • Keller Williams Realty Alaska Group
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5787
Disclaimer: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.