808 W 29th PlAnchorageAK99503
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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 808 W 29th Pl, Anchorage, AK, 99503 generates $1,783/mo in rent, after a $8,321/mo payment. Total monthly income is $1,783/mo. Return on cash invested sits at 1.68% in year one, and rental yield is 1.26% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 4.87% and total cumulative return in cash sums $26,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Multi Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99503, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,964 (100%) |
| Owner Occupied HU | 1,855 (26.6%) |
| Renter Occupied HU | 4,305 (61.8%) |
| Vacant Housing Units | 804 (11.5%) |
| Median Home Value | $348,778 |
| Average Home Value | $368,051 |
Housing Distribution
Address Breakdown
Residential
6,346
Single Family
2,920
Multi-Family
3,426
Businesses
1,949
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