735 N Park StAnchorageAK99508
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 735 N Park St, Anchorage, AK, 99508 offers $2,674/mo rent that, after a $1,748/mo payment, leaves $497/mo cash flow. Total monthly income is $2,674/mo, and annual cash flow is $5,968/yr on $118,416 cash. Return on cash invested measures 24.95% in year one, and rental yield stands at 8.98% at a $357,213 entry. Equity gained on principal adds $2,305/yr while 5% annual appreciation compounds into $98,691 by year five. Five-year ROI records 129.76% and total cumulative return in cash reaches $153,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,674/mo property income versus a $1,748/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99508, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,256 (44.3%) |
| Renter Occupied HU | 6,418 (45.4%) |
| Vacant Housing Units | 1,448 (10.3%) |
| Median Home Value | $348,114 |
| Average Home Value | $378,203 |
Housing Distribution
Address Breakdown
Residential
12,696
Single Family
7,755
Multi-Family
4,941
Businesses
719
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Nearby investment properties with comparable prices
Listed by: Alma Garcia-Tuia • Real Estate Brokers of Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-793
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