For SaleRisky Deal4 days on market

2440 W 71st Cir

2440 W 71st Cir, Anchorage, AK 99502, Anchorage, AK 99502
$400,000
Zestimate®:$400,200$200 Under Market

Listing Price

Property image 1
2440 W 71st Cir, Anchorage, AK 99502
Loc: Anchorage, AK
Days Listed
4
Tax Assessed
$377k
Zestimate®
$400k
0% Under Valued
Lot Size
7,405 sqft
Rent Estimate
$2,515/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Gladys Wood Elementary School

PK-6
0.1 mi away
N/A

Mears Middle School

6-8
1.9 mi away
5

Dimond High School

9-12
1 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1982Forced Air, Natural Gas2 Attached Garage spaces7,405 sqft4 Days$308

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.34%
Total ROI
53.1%
Cash Flow
$-630/mo
DSCR
0.70
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-630/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Anchorage, AK
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-12Listed for sale$400,000$308
2024-10-26Listing removed$357,000$275
2022-07-08Sold$0
2022-05-27Pending sale$367,000$282
2022-05-24Listed for sale$367,000$282
2022-05-04Listing removed$0
2022-04-09Listed for sale$357,000$275
2022-04-03Pending sale$357,000$275
2022-04-02Listed for sale$357,000$275
2014-04-25Sold$0
2012-07-27Sold$0

Tax History

YearProperty TaxTax Assessment
2025$5,951.25$376,900
2024$5,699.19$353,000
2023$5,488.77$322,300
2022$5,040.21$299,300
2021$0$278,400
2020$0$273,200
2019$0$277,800
2018$0$277,800
2017$3,232.33$266,200
2016$3,232.33$261,600
2015$3,232.33$254,200
2014$3,232.33$244,200
2013$0$229,100
2012$0$227,600
2011$0$226,400
2010$0$211,400
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,300
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 2b/2ba in Anchorage
+18% vs. list
$
$58,500
75% Rule
Maximum Allowable Offer (MAO)
$295,500

Calculated as (75% × $472,000) − $58,500

Asking Price is $104,500 (26.1%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $295,500 based on $58,500 in required updates.
Current Asking Price:$400,000
Estimated ARV:$472,000
Estimated Renovation:$58,500
All-In Capital Basis (MAO + Rehab):$354,000
Projected Equity Margin:+$118,000
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $400,000[Observed] Rent: $2,515/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $117/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.34%

NOI: $17,349/yr

Cash-on-Cash Yield
-8.2%

On $92,000 invested

DSCR Ratio
0.70x

Negative debt coverage

5-Yr Leveraged ROI
+53.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (1.19% of basis)-$374/mo
[Estimated]Homeowner / Hazard Insurance-$117/mo
[Defaulted]Vacancy Reserve (5% of rent)-$126/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$252/mo
[Defaulted]Property Management (8% of rent)-$201/mo
Total Pure Operating Expenses-$1,069/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,515/mo
Less: Operating Expenses-$1,069/mo
Net Operating Income (NOI)+$1,446/mo
Less: Debt Service (30yr @ 6.75%)-$2,076/mo
Net Cash Flow
$-630/mo
$-7,557/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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