8521 Spendlove DrAnchorageAK99516
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 8521 Spendlove Dr, Anchorage, AK, 99516 generates $5,960/mo in rent, after a $5,262/mo payment. Total monthly income is $5,960/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 6.65% on a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 94.15% and total cumulative return in cash sums $327,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99516, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,675 (100%) |
| Owner Occupied HU | 6,676 (87.0%) |
| Renter Occupied HU | 674 ( 8.8%) |
| Vacant Housing Units | 325 ( 4.2%) |
| Median Home Value | $623,029 |
| Average Home Value | $669,497 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,443
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices