315 E 12th AveAnchorageAK99501
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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 315 E 12th Ave, Anchorage, AK, 99501 offers a 8.98% rental yield on a $197,200 purchase with $1,475/mo rent. Total monthly income registers $1,475/mo, and a $965/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,280/yr on $65,372 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $1,273/yr while 5% annual appreciation supports $54,483 over five years. Portfolio math shows five-year ROI at 129.68% and total cumulative return in cash at $84,773. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,475/mo property income against a $965/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1983
N/A lot
$N/A/sqft
No 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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