3591 Lynn Dr APT 1AnchorageAK99508
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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 3591 Lynn Dr APT 1, Anchorage, AK, 99508 offers a 9.11% rental yield on a $162,000 purchase with $1,230/mo rent. 78% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 64.12% and total cumulative return in cash at $34,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$521 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99508, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,256 (44.3%) |
| Renter Occupied HU | 6,418 (45.4%) |
| Vacant Housing Units | 1,448 (10.3%) |
| Median Home Value | $348,114 |
| Average Home Value | $378,203 |
Housing Distribution
Address Breakdown
Residential
12,696
Single Family
7,755
Multi-Family
4,941
Businesses
719
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Listed by: Monique Manley • Real Broker B Street
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-13393
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