3303 Discovery Bay DrAnchorageAK99515
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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 3303 Discovery Bay Dr, Anchorage, AK, 99515 priced at $145,200 pairs $2,705/mo rent with $1,750/mo cash flow after a $711/mo payment. Total monthly income equals $2,705/mo, and annual cash flow comes to $21,004/yr on $48,134 invested. Return on cash invested is 63.55% in year one, and rental yield stands at 22.36% on a $145,200 basis. Equity gained on principal adds $937/yr, and 5% annual appreciation accumulates to $40,116 by year five. Five-year ROI measures 337.43% and total cumulative return in cash reaches $162,419. For financing, Ziffy Mortgage’s DSCR program evaluates $2,705/mo property income against a $711/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99515, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,540 (100%) |
| Owner Occupied HU | 6,267 (73.4%) |
| Renter Occupied HU | 1,817 (21.3%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $449,968 |
| Average Home Value | $511,351 |
Housing Distribution
Address Breakdown
Residential
8,326
Single Family
7,284
Multi-Family
1,042
Businesses
753
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