Investing in Kenai Peninsula County
Kenai Peninsula County covers 12 rental markets we actively finance in Alaska — Anchor Point, Cooper Landing, Homer, Kasilof, Kenai, Moose Pass and 6 more. Across those markets the median investment basis averages $354,167, a long-term lease averages $2,071/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,516. That produces a county-wide average DSCR ratio near 0.86x.
Basis varies more inside Kenai Peninsula County than the average suggests. Anchor Point is the lowest entry point at roughly $300,000, while Anchor Point currently models the strongest coverage ratio in the county at 1.09x. 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.