3634 E 16th AveAnchorageAK99508
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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 3634 E 16th Ave, Anchorage, AK, 99508 uses $105,749 cash to close to unlock $6,242/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,561/mo payment keeps the spread at $520/mo. Purchase price stands at $319,000, and rental yield measures 9.27% with $2,464/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 134.39% and total cumulative return in cash records $142,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1970
6,534 sqft lot
$N/A/sqft
No 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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