Anchorage, AK — Rental Investment Analysis

🔴WEAK— appreciation play only

Cap Rate

3.4%

Below average

Monthly Cash Flow

-$1,036

After all expenses

Price-to-Rent

16.2

Overpriced for rent

DSCR

0.52

Fails

📊 Key Metrics

Median Home Price: $407,517
Average Rent (3BR): $2,155/mo
Price-to-Rent Ratio: 16.2(high)
1% Rule: 0.52%(fails — need 1%+)
Cash-on-Cash Return: -13.1%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.7%(+0.4% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: -1.7999999999999998% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.07%

of assessed value (AK avg)

Median Income

$77,790

household (AK avg)

Rent-to-Income

33.2%

Moderate

Section 8 Max Rent

$2,155/mo

3BR voucher payment

🏛️ AK Investor Climate

Landlord Friendly

6/10

State Income Tax

✅ None

Property Tax

1.07% effective

Population Trend

-1.7999999999999998% (3yr)

🏘️ Best Zip Codes in Anchorage for Investors

99518

Cap Rate: 4.9%Cash Flow: -$420/mo$333,594

99504

Cap Rate: 4.3%Cash Flow: -$618/mo$355,704

99508

Cap Rate: 3.9%Cash Flow: -$719/mo$340,302

All Zip Codes in Anchorage

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
99518	4.9%	-$420	$333,594	$2,230/mo	0.76
99504	4.3%	-$618	$355,704	$2,170/mo	0.67
99508	3.9%	-$719	$340,302	$1,920/mo	0.60
99501	3.6%	-$804	$349,216	$1,890/mo	0.57
99503	3.5%	-$766	$324,131	$1,730/mo	0.56
99507	3.5%	-$988	$415,498	$2,210/mo	0.55
99515	3.2%	-$1,253	$471,891	$2,350/mo	0.50
99517	3.1%	-$1,085	$399,537	$1,960/mo	0.49
99502	3.0%	-$1,243	$444,890	$2,140/mo	0.47
99540	3.0%	-$1,588	$565,353	$2,710/mo	0.47
99516	2.7%	-$2,091	$683,849	$3,070/mo	0.43
99587	0.9%	-$3,248	$715,603	$1,920/mo	0.15