470 E 56th Ave #5-GAnchorageAK99518
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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 470 E 56th Ave #5-G, Anchorage, AK, 99518 earns $335/mo cash flow from $1,523/mo rent with a $954/mo payment. Total monthly income totals $1,523/mo, and annual cash flow totals $4,020/yr on $64,643 capital. ROI tracks 26.13% on current figures, and rental yield reads 9.37% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 136.05% and total cumulative return in cash sums $87,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,523/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99518, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,399 (54.2%) |
| Renter Occupied HU | 1,683 (38.0%) |
| Vacant Housing Units | 345 ( 7.8%) |
| Median Home Value | $352,938 |
| Average Home Value | $379,658 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,368
Multi-Family
746
Businesses
1,141
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