11351 Discovery View Dr APT 302AAnchorageAK99515
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder11351 Discovery View Dr APT 302A, Anchorage, AK, 99515 in Anchorage is a stable, well-positioned rental at $375,000. Rental yield 7.75%. DSCR 1.29 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $103,606 in value and $3,454/yr in principal paydown builds equity, a total projected return of $100,208.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $(444) | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,176 |
| Total Monthly Debt Service | $2,717 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2006
N/A lot
$N/A/sqft
$512 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99515, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,540 (100%) |
| Owner Occupied HU | 6,267 (73.4%) |
| Renter Occupied HU | 1,817 (21.3%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $449,968 |
| Average Home Value | $511,351 |
Housing Distribution
Address Breakdown
Residential
8,326
Single Family
7,284
Multi-Family
1,042
Businesses
753
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$512 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99515, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,540 (100%) |
| Owner Occupied HU | 6,267 (73.4%) |
| Renter Occupied HU | 1,817 (21.3%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $449,968 |
| Average Home Value | $511,351 |
Housing Distribution
Address Breakdown
Residential
8,326
Single Family
7,284
Multi-Family
1,042
Businesses
753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Sloane • Keller Williams Realty Alaska Group
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-4068
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