233 Gunnysack Mine RdGirdwoodAK99587
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 233 Gunnysack Mine Rd, Girdwood, AK, 99587 in Girdwood. Rental yield 5.56%. At $795,000 with 5.56% gross yield, current distributions are modest, but the 5% appreciation rate projects $219,644 in new equity by year five, complemented by $7,322/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.03) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $226,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.8% |
| Monthly Cash Flow | $(1,165) | $1,200 |
City averages based on Girdwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,685 |
| Total Monthly Debt Service | $4,529 |
| 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.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99587, Girdwood, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 584 (38.1%) |
| Renter Occupied HU | 285 (18.6%) |
| Vacant Housing Units | 662 (43.2%) |
| Median Home Value | $697,154 |
| Average Home Value | $728,262 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
92
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 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99587, Girdwood, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 584 (38.1%) |
| Renter Occupied HU | 285 (18.6%) |
| Vacant Housing Units | 662 (43.2%) |
| Median Home Value | $697,154 |
| Average Home Value | $728,262 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices