7085 Weimer Rd APT 2AnchorageAK99502
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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
Rental property for sale in Anchorage at 7085 Weimer Rd APT 2, Anchorage, AK, 99502 generates $971/mo in rent and, after a $602/mo payment, leaves $222/mo in cash flow. Total monthly income is $971/mo, and annual cash flow is $2,658/yr on $40,741 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.48% on a $122,900 entry. Equity gained on principal adds $793/yr, while 5% annual appreciation builds toward $33,955 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash sums $56,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $971/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99502, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,303 (64.5%) |
| Renter Occupied HU | 2,788 (28.5%) |
| Vacant Housing Units | 676 ( 6.9%) |
| Median Home Value | $485,298 |
| Average Home Value | $523,908 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,017
Multi-Family
1,397
Businesses
324
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