6720 Foothill DrAnchorageAK99504
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
Investment Highlights
Rental property for sale in Anchorage at 6720 Foothill Dr, Anchorage, AK, 99504 offers $2,711/mo rent that, after a $2,276/mo payment. Total monthly income is $2,711/mo. Return on cash invested measures 18.33% in year one, and rental yield stands at 7% at a $465,000 entry. Equity gained on principal adds $3,001/yr while 5% annual appreciation compounds into $128,471 by year five. Five-year ROI records 94.5% and total cumulative return in cash reaches $145,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,711/mo property income versus a $2,276/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,712 sqft 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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Nearby investment properties with comparable prices
Listed by: Jessica Barbeau • RE/MAX Dynamic Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-12591
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