3151 E 64th AveAnchorageAK99507
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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 3151 E 64th Ave, Anchorage, AK, 99507 uses $82,875 cash to close to unlock $8,570/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $2,335/mo, and a $1,224/mo payment keeps the spread at $714/mo. Purchase price stands at $250,000, and rental yield measures 11.21% with $2,335/mo rent. Return on cash invested shows 30.25% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 158.72% and total cumulative return in cash records $131,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,335/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
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Listed by: Sandra I Nunes • RE/MAX Dynamic Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-11381
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