3441 W 88th Ave #B19AnchorageAK99502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3441 W 88th Ave #B19, Anchorage, AK, 99502 in Anchorage hard to pass up. The 13.96% gross yield on a $189,500 purchase results in $2,204/mo in rent and $731/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.59). Annual cash flow of $8,775, five-year appreciation of $52,355, and $1,745/yr in equity build-up combine for a projected total cumulative return of $120,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $731 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,204 |
| Total Monthly Debt Service | $1,398 |
| DSCR Ratio | 1.58x |
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.
Condo
Built in 1982
N/A lot
$N/A/sqft
$289 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99502, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,303 (64.5%) |
| Renter Occupied HU | 2,788 (28.5%) |
| Vacant Housing Units | 676 ( 6.9%) |
| Median Home Value | $485,298 |
| Average Home Value | $523,908 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,017
Multi-Family
1,397
Businesses
324
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
Condo
Built in 1982
N/A lot
$N/A/sqft
$289 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99502, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,303 (64.5%) |
| Renter Occupied HU | 2,788 (28.5%) |
| Vacant Housing Units | 676 ( 6.9%) |
| Median Home Value | $485,298 |
| Average Home Value | $523,908 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,017
Multi-Family
1,397
Businesses
324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices