11420 Heritage CtEagle RiverAK99577
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 11420 Heritage Ct, Eagle River, AK, 99577 in Eagle River at $550,000 earns $2,542/mo in rent and nets $8/mo after the $2,473/mo payment, a 7.33% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $151,955 over five years. Ziffy Mortgage underwrites this on a 1.03 DSCR without U.S. credit history. With $5,066/yr in principal paydown, total projected return reaches $156,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.2% |
| Monthly Cash Flow | $8 | $1,850 |
City averages based on Eagle River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,542 |
| Total Monthly Debt Service | $3,133 |
| DSCR Ratio | 0.81x |
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.
Multi Family
Built in 1983
10,454 sqft lot
$N/A/sqft
No 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
Multi Family
Built in 1983
10,454 sqft lot
$N/A/sqft
No 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: Jeri Rodriguez • Jack White Real Estate
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-4499
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