3637 Thompson 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
Rental property for sale in Anchorage at 3637 Thompson Ave, Anchorage, AK, 99508 generates $2,454/mo in rent and, after a $938/mo payment, leaves $1,286/mo in cash flow. Total monthly income is $2,454/mo, and annual cash flow is $15,432/yr on $63,549 invested. Return on cash invested sits at 44.19% in year one, and rental yield is 15.36% on a $191,700 entry. Equity gained on principal adds $1,237/yr, while 5% annual appreciation builds toward $52,963 over five years. Five-year ROI reaches 232.93% and total cumulative return in cash sums $148,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,454/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
6,098 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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Listed by: Christopher A. Rose • Realhome Services & Solutions, Inc
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-10474
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