3901 Merrill DrAnchorageAK99517
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 3901 Merrill Dr, Anchorage, AK, 99517 in Anchorage at $655,000 earns $4,020/mo in rent and nets $28/mo after the $2,945/mo payment, a 7.36% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $180,964 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $6,033/yr in principal paydown, total projected return reaches $249,909.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $28 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,020 |
| Total Monthly Debt Service | $3,731 |
| DSCR Ratio | 1.08x |
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.
Multi Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99517, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,129 (53.7%) |
| Renter Occupied HU | 2,867 (37.3%) |
| Vacant Housing Units | 689 ( 9.0%) |
| Median Home Value | $420,515 |
| Average Home Value | $489,656 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
5,362
Multi-Family
1,795
Businesses
182
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
Multi Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99517, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,129 (53.7%) |
| Renter Occupied HU | 2,867 (37.3%) |
| Vacant Housing Units | 689 ( 9.0%) |
| Median Home Value | $420,515 |
| Average Home Value | $489,656 |
Housing Distribution
Address Breakdown
Residential
7,157
Single Family
5,362
Multi-Family
1,795
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices