310 E 11th Ave #215AnchorageAK99501
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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 310 E 11th Ave #215, Anchorage, AK, 99501 uses $50,388 cash to close to unlock $2,275/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $744/mo payment keeps the spread at $190/mo. Purchase price stands at $152,000, and rental yield measures 11.83% with $1,498/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash records $65,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $744/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$382 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99501, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,755 (100%) |
| Owner Occupied HU | 2,588 (26.5%) |
| Renter Occupied HU | 5,649 (57.9%) |
| Vacant Housing Units | 1,518 (15.6%) |
| Median Home Value | $475,000 |
| Average Home Value | $538,238 |
Housing Distribution
Address Breakdown
Residential
8,483
Single Family
3,820
Multi-Family
4,663
Businesses
1,425
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Listed by: Sally Betz • Herrington and Company, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-2598
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