75 Slater Dr #2FairbanksAK99701
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 75 Slater Dr #2, Fairbanks, AK, 99701 in Fairbanks achieves a 1.71 ratio at $133,000: $1,021/mo rent versus $598/mo debt service. Rental yield 9.21%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.21% yield compounds alongside 5% annual appreciation projecting $36,745 in value. Total projected cumulative return: $37,026.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.2% |
| Monthly Cash Flow | $(239) | $1,250 |
City averages based on Fairbanks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,021 |
| Total Monthly Debt Service | $1,207 |
| DSCR Ratio | 0.85x |
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 1972
N/A lot
$N/A/sqft
$449 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99701, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,136 (100%) |
| Owner Occupied HU | 3,240 (35.5%) |
| Renter Occupied HU | 4,501 (49.3%) |
| Vacant Housing Units | 1,395 (15.3%) |
| Median Home Value | $274,760 |
| Average Home Value | $285,853 |
Housing Distribution
Address Breakdown
Residential
7,371
Single Family
5,815
Multi-Family
1,556
Businesses
1,469
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 1972
N/A lot
$N/A/sqft
$449 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99701, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,136 (100%) |
| Owner Occupied HU | 3,240 (35.5%) |
| Renter Occupied HU | 4,501 (49.3%) |
| Vacant Housing Units | 1,395 (15.3%) |
| Median Home Value | $274,760 |
| Average Home Value | $285,853 |
Housing Distribution
Address Breakdown
Residential
7,371
Single Family
5,815
Multi-Family
1,556
Businesses
1,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evelyn Arnott • GOLD STANDARD REAL ESTATE SERVICES, LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #157043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.