617 N Park StAnchorageAK99508
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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 617 N Park St, Anchorage, AK, 99508 with 5% annual appreciation on a $350,000 basis while $2,330/mo rent supports operations. Total monthly income totals $2,330/mo and a $1,713/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,364/yr on $116,025 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 7.99%. Five-year ROI measures 113.64% and total cumulative return in cash totals $131,846.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,330/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1955
6,534 sqft 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
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