11405 Grand Canyon Loop #36BEagle RiverAK99577
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11405 Grand Canyon Loop #36B, Eagle River, AK, 99577 in Eagle River: $2,760/mo in rent, $257/mo in net income, 9.14% gross yield, 1.69 DSCR, all at $362,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $100,152 in appreciation and $3,339/yr in principal paydown projects total cumulative return of $155,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $257 | $1,850 |
City averages based on Eagle River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $2,359 |
| DSCR Ratio | 1.17x |
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 2025
N/A lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99577, Eagle River, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 7,281 (70.4%) |
| Renter Occupied HU | 2,467 (23.9%) |
| Vacant Housing Units | 593 ( 5.7%) |
| Median Home Value | $474,380 |
| Average Home Value | $516,364 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
9,320
Multi-Family
310
Businesses
630
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 2025
N/A lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99577, Eagle River, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 7,281 (70.4%) |
| Renter Occupied HU | 2,467 (23.9%) |
| Vacant Housing Units | 593 ( 5.7%) |
| Median Home Value | $474,380 |
| Average Home Value | $516,364 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
9,320
Multi-Family
310
Businesses
630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Myers • RE/MAX Dynamic Properties - Eagle River Branch
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5625
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