8689 Dry Creek Loop #87AnchorageAK99502
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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
Investment property for sale in Anchorage at 8689 Dry Creek Loop #87, Anchorage, AK, 99502 offers a 7.94% rental yield on a $515,000 purchase with $3,408/mo rent. Total monthly income registers $3,408/mo, and a $2,521/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,228/yr on $169,435 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 113.71% and total cumulative return in cash at $192,661. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,408/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99502, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,303 (64.5%) |
| Renter Occupied HU | 2,788 (28.5%) |
| Vacant Housing Units | 676 ( 6.9%) |
| Median Home Value | $485,298 |
| Average Home Value | $523,908 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,017
Multi-Family
1,397
Businesses
324
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