3960 Reka Dr APT B01AnchorageAK99508
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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 3960 Reka Dr APT B01, Anchorage, AK, 99508 offers a 9.58% rental yield on a $185,000 purchase with $1,477/mo rent. Total monthly income registers $1,477/mo, and a $905/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,200/yr on $61,328 to close, and return on cash invested stands at 26.76% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 139.44% and total cumulative return in cash at $85,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,477/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A 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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