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1200 W Dimond Blvd #142
D+ Composite 46.01
Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.9/5.0
  • Schools +3.7/10.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$20,000

1200 W Dimond Blvd #142 · Anchorage, AK 99515
1 bd · 1.0 ba · 704 sqft · Manufactured · 75 Days on market
Built 1971 ↓ 56% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

OWNER FINANCING AVAILABLE with 50% Down!!! Large 1 bedroom, 1 bath mobile home with 2 living rooms, large entry, and a bonus room. Sold AS-IS. Seller is unable to make any repairs. All offers must be contingent on Buyer being approved by park management. No Pets.

Key facts

  • 2 parking spots
  • Built 1971
  • Listed 75 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath manufactured listed at $20k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $20k).
  • Recommended offer: $19k (6.0% below list) — sets the bar for market timing.
  • Cap rate 82.1% vs local median 3.8% in Anchorage — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 78/100 on livability (#6 in AK, #2,553 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
  • Anchorage School District (urban): math 37% / reading 43% proficiency, ranked #6 of 21 in AK (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.6%/yr); 110 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 306 units permitted in Anchorage Municipality in 2024 (90 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $600 of value loss. Plan a longer hold.
  • Anchorage County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.6% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 75 days — a 6% lower offer ($19k) is reasonable based on typical stale-listing flexibility.
Recommended offer $18,800 (6.0% below list)

Questions for the listing agent

  1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
8.88%
Cap rate
82.14%
Cash-on-cash
270.89%
DSCR
13.05
GRM
0.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.65% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
15.01×
Total profit
$78,468
Equity at exit
$2,982
10-year hold
IRR
Equity multiple
32.60×
Total profit
$176,971
Equity at exit
$1,729

Cash invested: $5,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
80 Strongly Landlord-Friendly
State Alaska
80 Strongly Landlord-Friendly · R+8
County
— inherits STATE
City
— inherits STATE
30-day notice; security deposits capped; courts moderate-paced.

ZIP-level market 99515

Rents YoY
3.6%
Active inventory
110
Price-to-rent
0.9×

Monthly cashflow live

Estimated rent
$1,775 medium interval (Pro) →
Mortgage (P&I)
$105
Tax est. 1.5%
$25 /mo · $300/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$373
Net cashflow
$1,264

Break-even live

Break-even rent $175
Max offer price $20,000
Occupancy floor 24%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$5,000
Closing costs
$600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1011 W 76th Ave Unit 12 Anchorage, AK 1.0 1.0 600 $1,150 $1.92 43d 1 0.85mi
2001 W 80th Ave Anchorage, AK 2.0 1.0 730 $1,690 $2.32 13d 5 0.93mi
7538 Foxridge Way Unit 8H8H Anchorage, AK 2.0 2.0 741 $2,500 $3.37 13d 1 0.99mi
7371 Huntsmen Cir Unit 16A Anchorage, AK 2.0 2.0 741 $1,995 $2.69 43d 1 1.07mi

Listing history 10 events

  1. 2026-06-14
    statusdays on market $20,000 Pending 75 DOM
  2. 2026-06-13
    days on market $20,000 Active 74 DOM
  3. 2026-06-10
    days on market $20,000 Active 72 DOM
  4. 2026-06-09
    days on market $20,000 Active 71 DOM
  5. 2026-06-08
    days on market $20,000 Active 70 DOM
  6. 2026-06-07
    statusdays on market $20,000 Active 69 DOM
  7. 2026-05-18
    price $20,000 263-char remark
    Show marketing remark (263 chars)

    OWNER FINANCING AVAILABLE with 50% Down!!! Large 1 bedroom, 1 bath mobile home with 2 living rooms, large entry, and a bonus room. Sold AS-IS. Seller is unable to make any repairs. All offers must be contingent on Buyer being approved by park management. No Pets.

  8. 2026-05-08
    price $35,000 263-char remark
    Show marketing remark (263 chars)

    OWNER FINANCING AVAILABLE with 50% Down!!! Large 1 bedroom, 1 bath mobile home with 2 living rooms, large entry, and a bonus room. Sold AS-IS. Seller is unable to make any repairs. All offers must be contingent on Buyer being approved by park management. No Pets.

  9. 2026-03-24
    price $40,000 263-char remark
    Show marketing remark (263 chars)

    OWNER FINANCING AVAILABLE with 50% Down!!! Large 1 bedroom, 1 bath mobile home with 2 living rooms, large entry, and a bonus room. Sold AS-IS. Seller is unable to make any repairs. All offers must be contingent on Buyer being approved by park management. No Pets.

  10. 2026-03-18
    listed $45,000 Active 263-char remark
    Show marketing remark (263 chars)

    OWNER FINANCING AVAILABLE with 50% Down!!! Large 1 bedroom, 1 bath mobile home with 2 living rooms, large entry, and a bonus room. Sold AS-IS. Seller is unable to make any repairs. All offers must be contingent on Buyer being approved by park management. No Pets.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🫁 Air quality 1/10 Low

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,302
− Mortgage interest
−$1,120
− Property taxes
−$300
− Insurance
−$100
− Repairs & maintenance
−$1,704
− Management
−$1,704
− Depreciation
−$582
Taxable income
$15,791
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,790
After-tax cash flow
$11,380/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Anchorage School District
NCES district ID
0200180
Math proficiency
37% ▼ -2.00%
Reading proficiency
43% ▲ 1.00%
Median HH income
$76,447
Composite
37.0/100
National rank
#4523
State rank
#6 of 21 in AK

Livability — Anchorage

Score
78/100
State rank
#6
US rank
#2553

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Anchorage, AK
County
Anchorage Borough · 246,594 people
City population
218,117
Metro
Anchorage, AK
Population (ZIP)
21,870
Household income
$113,995
Rent vs Own
21.1% rent · 78.9% own
Severe rent burden
411.0

Population outlook (Anchorage County) Hauer SSP2

Today (2025)
314,993 people
By 2030
321,771 · +2.2%
By 2040
335,493 · +6.5%
By 2050
352,799 · +12.0%
By 2075
414,771 · +31.7%
By 2100
474,485 · +50.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 59% Two or more races 15% Asian 12% Hispanic / Latino 9% Native American 4% Pacific Islander 4%
Hispanic origin (detail)
Mexican 5% Puerto Rican 1%
Common ancestry
Portuguese 4% Lithuanian 3% Italian 2%
Foreign-born
14% · Canada, South Korea
Languages at home
79% English-only · Spanish 7% Tagalog/Filipino 5% Other Asian/Pacific 5%

Political lean MEDSL · Anchorage

2024 margin
D (+12.7) · D 56.3% · R 43.7%
2016→2024 swing
+27.9pp toward D · 2016: -15.2pp · 2024: 12.7pp
All cycles
2024: D+12.7 2016: R+15.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -205.45%
Current HPI
283.2778
Rent YoY
▲ 3.65%
Metro
Anchorage, AK
State GDP YoY
F500 in state
0

Price history

-55.6% since first listed
4 events — show timeline
  • 2026-05-18 Price Changed $20,000 AKMLS
  • 2026-05-08 Price Changed $35,000 AKMLS
  • 2026-03-24 Price Changed $40,000 AKMLS
  • 2026-03-18 Listed $45,000 AKMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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