7141 Weimer Rd APT 6AnchorageAK99502
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 7141 Weimer Rd APT 6, Anchorage, AK, 99502 in Anchorage achieves 1.68, rent of $1,322/mo covers the $785/mo payment 1.5x over at $174,500. Rental yield 9.09%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $48,211 over five years, with $1,607/yr in principal reduction bringing total projected return to $62,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(78) | $1,250 |
City averages based on Anchorage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,322 |
| Total Monthly Debt Service | $1,331 |
| DSCR Ratio | 0.99x |
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.
Condo
Built in 1976
N/A lot
$N/A/sqft
$337 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 1976
N/A lot
$N/A/sqft
$337 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
Listed by: Anthony Cernadas • Real Broker Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-9160
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