For SaleRisky Deal13 days on market

6019 Kody Dr #21

6019 Kody Dr #21, Anchorage, AK 99504, Anchorage, AK 99504
$449,000
Zestimate®:$448,100

Listing Price

Property image 1
6019 Kody Dr #21, Anchorage, AK 99504
Loc: Anchorage, AK
Days Listed
13
Tax Assessed
$420k
Zestimate®
$448k
Market Rate
Lot Size
3,049 sqft
Rent Estimate
$3,081/mo
Est. Cash Flow base
Type
townhouse

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.

3

College Gate Elementary School

PK-6
0.9 mi away
4

Wendler Middle School

6-8
2.4 mi away
N/A

Bettye Davis East Anchorage High School

9-12
1.8 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

Townhouse2002Forced Air, Natural Gas2 Attached Garage spaces$160 monthly3,049 sqft13 Days$211

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.88%
Total ROI
64.8%
Cash Flow
$-505/mo
DSCR
0.78
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-505/mo net cash flow with a 4.9% 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
2026-09-02Listed for sale$449,000$211
2023-10-13Sold$0
2023-08-15Pending sale$350,000$165
2023-07-28Listed for sale$350,000$165
2022-11-08Listing removed$0
2022-10-18Price change$340,000$160
2022-09-27Listed for sale$350,000$165
2003-08-07Sold$0

Tax History

YearProperty TaxTax Assessment
2025$6,636.54$420,300
2024$5,482.94$339,606
2023$5,073.24$297,900
2022$4,681.52$278,000
2021$0$298,800
2020$0$279,700
2019$0$274,500
2018$0$274,500
2017$1,125.72$240,500
2016$1,125.72$258,000
2015$1,125.72$268,300
2014$1,125.72$246,100
2013$0$243,800
2012$0$242,300
2011$0$237,700
2010$0$238,600
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,125
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 4b/3ba in Anchorage
+18% vs. list
$
$95,625
75% Rule
Maximum Allowable Offer (MAO)
$301,740

Calculated as (75% × $529,820) − $95,625

Asking Price is $147,260 (32.8%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $301,740 based on $95,625 in required updates.
Current Asking Price:$449,000
Estimated ARV:$529,820
Estimated Renovation:$95,625
All-In Capital Basis (MAO + Rehab):$397,365
Projected Equity Margin:+$132,455
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: $449,000[Observed] Rent: $3,081/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $131/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.88%

NOI: $21,895/yr

Cash-on-Cash Yield
-5.9%

On $103,270 invested

DSCR Ratio
0.78x

Negative debt coverage

5-Yr Leveraged ROI
+64.8%

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)-$417/mo
[Estimated]Homeowner / Hazard Insurance-$131/mo
[Defaulted]Vacancy Reserve (5% of rent)-$154/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$308/mo
[Defaulted]Property Management (8% of rent)-$246/mo
Total Pure Operating Expenses-$1,256/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,081/mo
Less: Operating Expenses-$1,256/mo
Net Operating Income (NOI)+$1,825/mo
Less: Debt Service (30yr @ 6.75%)-$2,330/mo
Net Cash Flow
$-505/mo
$-6,062/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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6019 Kody Dr #21 | Anchorage, AK | Haven AI Analysis | Haven by ScoutHavens