7400 Wade CirAnchorageAK99518
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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 7400 Wade Cir, Anchorage, AK, 99518 generates $3,023/mo in rent and, after a $1,615/mo payment, leaves $1,012/mo in cash flow. Total monthly income is $3,023/mo, and annual cash flow is $12,144/yr on $109,395 invested. Return on cash invested sits at 31.01% in year one, and rental yield is 10.99% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 162.24% and total cumulative return in cash sums $177,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,023/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99518, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,399 (54.2%) |
| Renter Occupied HU | 1,683 (38.0%) |
| Vacant Housing Units | 345 ( 7.8%) |
| Median Home Value | $352,938 |
| Average Home Value | $379,658 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,368
Multi-Family
746
Businesses
1,141
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