721 Cherry StAnchorageAK99504
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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 721 Cherry St, Anchorage, AK, 99504 with 5% annual appreciation on a $222,700 basis while $1,494/mo rent supports operations. 94% in year one. Equity gained on principal adds $1,437/yr, and five-year appreciation sums $61,528 alongside rental yield of 8.05%. Five-year ROI measures 93.73% and total cumulative return in cash totals $69,199. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,494/mo property income versus a $1,090/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
7,840 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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Listed by: Christopher Lawrence • Lawrence Realty Group Alaska, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-1009
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