Investing in Denali County
Denali County covers 3 rental markets we actively finance in Alaska — Cantwell, Denali Park, Healy. Across those markets the median investment basis averages $333,333, a long-term lease averages $1,625/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,407. That produces a county-wide average DSCR ratio near 0.72x.
Basis varies more inside Denali County than the average suggests. Cantwell is the lowest entry point at roughly $275,000, while Cantwell currently models the strongest coverage ratio in the county at 1.11x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.