200 W Davis AveCordovaAK99574
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 200 W Davis Ave, Cordova, AK, 99574 in Cordova. At $389,000 it earns $2,795/mo in rent and distributes $424/mo to the owner after the $1,749/mo payment, a consistent 8.62% yield. DSCR 1.60 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $107,474 in value; $3,583/yr in principal paydown compounds ownership stake. Total projected return: $174,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $424 | $1,500 |
City averages based on Cordova market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,795 |
| Total Monthly Debt Service | $2,216 |
| DSCR Ratio | 1.26x |
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 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99574, Cordova, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 636 (52.2%) |
| Renter Occupied HU | 384 (31.5%) |
| Vacant Housing Units | 199 (16.3%) |
| Median Home Value | $381,481 |
| Average Home Value | $400,432 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99574, Cordova, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 636 (52.2%) |
| Renter Occupied HU | 384 (31.5%) |
| Vacant Housing Units | 199 (16.3%) |
| Median Home Value | $381,481 |
| Average Home Value | $400,432 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.