310 E 11th Ave #A-219AnchorageAK99501
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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 310 E 11th Ave #A-219, Anchorage, AK, 99501 generates $1,217/mo in rent, after a $768/mo payment. Total monthly income is $1,217/mo. Return on cash invested sits at 16.25% in year one, and rental yield is 9.3% on a $157,000 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 86.69% and total cumulative return in cash sums $45,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,217/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$381 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: April Karper • Real Estate Brokers of Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-10938
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