5510 Griffin RdAnchorageAK99516
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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 5510 Griffin Rd, Anchorage, AK, 99516 offers a 8.47% rental yield on a $679,000 purchase with $4,793/mo rent. Total monthly income registers $4,793/mo, and a $3,323/mo payment leaves $655/mo available for distribution. Annual cash flow reaches $7,862/yr on $223,391 to close, and return on cash invested stands at 23.58% in year one. Equity gained on principal adds $4,381/yr while 5% annual appreciation supports $187,595 over five years. Portfolio math shows five-year ROI at 122.38% and total cumulative return in cash at $273,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,793/mo property income against a $3,323/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99516, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,675 (100%) |
| Owner Occupied HU | 6,676 (87.0%) |
| Renter Occupied HU | 674 ( 8.8%) |
| Vacant Housing Units | 325 ( 4.2%) |
| Median Home Value | $623,029 |
| Average Home Value | $669,497 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,443
Multi-Family
0
Businesses
37
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