10411 Ridge Park DrAnchorageAK99507
INVESTMENT ANALYSIS
Investment Verdict
Solid Income10411 Ridge Park Dr, Anchorage, AK, 99507 in Anchorage is a solid income-producing rental, 8.73% gross yield, $2,911/mo rent, $357/mo net cash flow on a $400,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $110,513 and $3,684/yr in principal reduction project a total cumulative return of $174,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $357 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,911 |
| Total Monthly Debt Service | $2,395 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1999
3,049 sqft lot
$N/A/sqft
$65 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1999
3,049 sqft lot
$N/A/sqft
$65 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Schwartz • RMG Real Estate
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5913
Disclaimer: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.