284 Shageluk StAnchorageAK99504



INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play284 Shageluk St, Anchorage, AK, 99504 in Anchorage is priced for appreciation, not yield. Rental yield 5.86%. At $491,500 with a 5.86% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $135,792 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.09) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $134,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(815) | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $3,020 |
| DSCR Ratio | 0.79x |
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.
Townhouse
Built in 2025
3,484 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99504, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 9,510 (56.6%) |
| Renter Occupied HU | 5,947 (35.4%) |
| Vacant Housing Units | 1,359 ( 8.1%) |
| Median Home Value | $354,304 |
| Average Home Value | $374,877 |
Housing Distribution
Address Breakdown
Residential
16,110
Single Family
12,928
Multi-Family
3,182
Businesses
361



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
3,484 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99504, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 9,510 (56.6%) |
| Renter Occupied HU | 5,947 (35.4%) |
| Vacant Housing Units | 1,359 ( 8.1%) |
| Median Home Value | $354,304 |
| Average Home Value | $374,877 |
Housing Distribution
Address Breakdown
Residential
16,110
Single Family
12,928
Multi-Family
3,182
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Kevin Sigafoos • Keller Williams Realty Alaska Group
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-3321
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