6937 Creekview Loop #13AnchorageAK99507
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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 6937 Creekview Loop #13, Anchorage, AK, 99507 uses $120,998 cash to close to unlock $11,640/yr annual cash flow and $970/mo monthly cash flow. Total monthly income runs $3,194/mo, and a $1,786/mo payment keeps the spread at $970/mo. Purchase price stands at $365,000, and rental yield measures 10.5% with $3,194/mo rent. Return on cash invested shows 29.53% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 154.28% and total cumulative return in cash records $186,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,194/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
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