6942 Meadow St #2-305AnchorageAK99507
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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 6942 Meadow St #2-305, Anchorage, AK, 99507 offers a 11.52% rental yield on a $269,000 purchase with $2,582/mo rent. Total monthly income registers $2,582/mo, and a $1,317/mo payment leaves $464/mo available for distribution. Annual cash flow reaches $5,570/yr on $89,174 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 138.59% and total cumulative return in cash at $123,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$402 monthly 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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Listed by: Laurie Miller • Jack White Real Estate Mat Su
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-6854
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