16604 Virgo AveAnchorageAK99516
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 16604 Virgo Ave, Anchorage, AK, 99516 in Anchorage earns a 8.9% gross yield at $785,000. Rent of $5,820/mo nets $1,036/mo after the $3,530/mo mortgage. The 1.65 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $216,881 and $7,230/yr in equity accumulation project a total cumulative return of $363,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $1,036 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,820 |
| Total Monthly Debt Service | $4,472 |
| DSCR Ratio | 1.30x |
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.
Single Family
Built in 1984
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99516, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,675 (100%) |
| Owner Occupied HU | 6,676 (87.0%) |
| Renter Occupied HU | 674 ( 8.8%) |
| Vacant Housing Units | 325 ( 4.2%) |
| Median Home Value | $623,029 |
| Average Home Value | $669,497 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,443
Multi-Family
0
Businesses
37
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
Single Family
Built in 1984
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99516, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,675 (100%) |
| Owner Occupied HU | 6,676 (87.0%) |
| Renter Occupied HU | 674 ( 8.8%) |
| Vacant Housing Units | 325 ( 4.2%) |
| Median Home Value | $623,029 |
| Average Home Value | $669,497 |
Housing Distribution
Address Breakdown
Residential
7,443
Single Family
7,443
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices