7020 Altoona Dr
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Gladys Wood Elementary School
Mears Middle School
Dimond High School
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
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At a purchase price of $414,900 with negative monthly cash flow, this property does not meet fundamental investment criteria for a cash-on-cash return. While Anchorage offers steady demand for single-family rentals, the current negative cash flow of -$102 per month creates an immediate liability for the investor, likely necessitating out-of-pocket contributions for maintenance, vacancy, and unforeseen capital expenditures. Although the 4% appreciation forecast is optimistic for this submarket, relying on speculative growth to offset poor rental yields is speculative. A conservative investor should prioritize positive net operating income to ensure long-term sustainability rather than banking on market volatility to justify the acquisition cost.
- • Stable rental demand in Anchorage submarket
- • Functional family-oriented 4-bedroom layout
- • Historical demand for single-family residential inventory
- • Negative monthly cash flow
- • Low 5.93% gross rental yield
- • High market price relative to income-generating potential
- • Exposure to localized economic shifts in Alaska
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Price change | $414,900 | $213 |
| 2026-08-31 | Price change | $419,900 | $216 |
| 2026-08-21 | Listed for sale | $424,900 | $219 |
| 2026-08-12 | Listing removed | $439,000 | $226 |
| 2026-08-07 | Price change | $439,000 | $226 |
| 2026-07-24 | Listed for sale | $449,000 | $231 |
| 2026-06-11 | Sold | $0 | – |
| 2026-05-10 | Pending sale | $349,000 | $180 |
| 2026-05-06 | Price change | $349,000 | $180 |
| 2026-05-04 | Listed for sale | $365,000 | $188 |
| 2022-01-19 | Sold | $0 | – |
| 2021-11-16 | Pending sale | $312,000 | $160 |
| 2021-11-14 | Price change | $312,000 | $160 |
| 2021-10-22 | Listed for sale | $309,000 | $159 |
| 2021-03-24 | Listing removed | $0 | – |
| 2017-11-28 | Listing removed | $2,100 | $1 |
| 2017-11-11 | Price change | $2,100 | $1 |
| 2017-09-20 | Listed for rent | $2,200 | $1 |
| 2014-07-20 | Sold | $0 | – |
| 2010-01-05 | Listing removed | $249,500 | $128 |
| 2009-12-21 | Price change | $249,500 | $128 |
| 2009-09-25 | Listed for sale | $247,500 | $127 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,742.82 | $363,700 |
| 2024 | $5,621.69 | $348,200 |
| 2023 | $5,344.01 | $313,800 |
| 2022 | $5,166.51 | $306,800 |
| 2021 | $0 | $297,800 |
| 2020 | $0 | $279,100 |
| 2019 | $0 | $279,100 |
| 2018 | $0 | $279,100 |
| 2017 | $3,950.1 | $272,600 |
| 2016 | $3,950.1 | $272,600 |
| 2015 | $3,950.1 | $265,600 |
| 2014 | $3,950.1 | $258,500 |
| 2013 | $0 | $248,500 |
| 2012 | $0 | $253,700 |
| 2011 | $0 | $248,800 |
| 2010 | $0 | $245,900 |
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.
Calculated as (75% × $489,582) − $87,480
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $24,610/yr
On $95,427 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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