906 Lancaster DrAnchorageAK99503
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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 906 Lancaster Dr, Anchorage, AK, 99503 priced at $450,000 pairs $2,327/mo rent with after a $2,203/mo payment. Total monthly income equals $2,327/mo. Return on cash invested is 15.77% in year one, and rental yield stands at 6.21% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 80.78% and total cumulative return in cash reaches $120,498. For financing, Ziffy Mortgage’s DSCR program evaluates $2,327/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,712 sqft 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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Listed by: Gary Cox • Real Estate Brokers of Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5501
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