6038 E 12th AveAnchorageAK99504
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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 6038 E 12th Ave, Anchorage, AK, 99504 uses $49,642 cash to close to unlock $3,040/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,166/mo, and a $733/mo payment keeps the spread at $253/mo. Purchase price stands at $149,750, and rental yield measures 9.34% with $1,166/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $41,373 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash records $67,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,166/mo property income covering a $733/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99504, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 9,510 (56.6%) |
| Renter Occupied HU | 5,947 (35.4%) |
| Vacant Housing Units | 1,359 ( 8.1%) |
| Median Home Value | $354,304 |
| Average Home Value | $374,877 |
Housing Distribution
Address Breakdown
Residential
16,110
Single Family
12,928
Multi-Family
3,182
Businesses
361
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