3911 Merrill DrAnchorageAK99517
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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 3911 Merrill Dr, Anchorage, AK, 99517 uses $157,463 cash to close to unlock $13,500/yr annual cash flow and $1,125/mo monthly cash flow. Total monthly income runs $4,020/mo, and a $2,325/mo payment keeps the spread at $1,125/mo. Purchase price stands at $475,000, and rental yield measures 10.16% with $4,020/mo rent. Return on cash invested shows 28.48% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 148.68% and total cumulative return in cash records $234,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,020/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Multi Family
Built in 1966
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99517, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,129 (53.7%) |
| Renter Occupied HU | 2,867 (37.3%) |
| Vacant Housing Units | 689 ( 9.0%) |
| Median Home Value | $420,515 |
| Average Home Value | $489,656 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
5,362
Multi-Family
1,795
Businesses
182
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