4358 Reka DrAnchorageAK99508
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 4358 Reka Dr, Anchorage, AK, 99508 in Anchorage is narrow, $56/mo net on $1,085/mo rent after the $607/mo debt service, but the property operates at break-even-plus, not a loss. At $135,000 with a 9.64% yield, the long-run equity case via 5% appreciation ($37,298 over five years) and $1,243/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.79 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $68,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $56 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,085 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices