3941 Eric CirAnchorageAK99507
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3941 Eric Cir, Anchorage, AK, 99507 in Anchorage. At $489,900 it earns $3,445/mo in rent and distributes $460/mo to the owner after the $2,203/mo payment, a consistent 8.44% yield. DSCR 1.56 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $135,350 in value; $4,512/yr in principal paydown compounds ownership stake. Total projected return: $215,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $460 | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,445 |
| Total Monthly Debt Service | $2,791 |
| DSCR Ratio | 1.23x |
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 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
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 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99507, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,260 (100%) |
| Owner Occupied HU | 9,816 (64.3%) |
| Renter Occupied HU | 4,395 (28.8%) |
| Vacant Housing Units | 1,049 ( 6.9%) |
| Median Home Value | $403,691 |
| Average Home Value | $452,978 |
Housing Distribution
Address Breakdown
Residential
14,663
Single Family
12,435
Multi-Family
2,228
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices