4355 Constellation Ave UNIT 23AnchorageAK99517
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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 4355 Constellation Ave UNIT 23, Anchorage, AK, 99517 generates $1,917/mo in rent, after a $1,346/mo payment. Total monthly income is $1,917/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 8.37% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 89.05% and total cumulative return in cash sums $81,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,917/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$432 monthly 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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Listed by: Allana Lumbard • Real Broker Wasilla
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-9807
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