8224 Rainy PlAnchorageAK99518
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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 8224 Rainy Pl, Anchorage, AK, 99518 priced at $105,000 pairs $2,705/mo rent with $1,981/mo cash flow after a $514/mo payment. Total monthly income equals $2,705/mo, and annual cash flow comes to $23,768/yr on $34,808 invested. Return on cash invested is 88.19% in year one, and rental yield stands at 30.91% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 470.01% and total cumulative return in cash reaches $163,598. For financing, Ziffy Mortgage’s DSCR program evaluates $2,705/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1970
7,405 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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Listed by: Tyler J Bobo • Keller Williams Realty Alaska Group of Wasilla
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-11266
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