10896 E Timber Country CirPalmerAK99645
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
Investment Highlights
Investment property for sale in Palmer at 10896 E Timber Country Cir, Palmer, AK, 99645 uses $120,998 cash to close to unlock $10,128/yr annual cash flow and $844/mo monthly cash flow. Total monthly income runs $3,068/mo, and a $1,786/mo payment keeps the spread at $844/mo. Purchase price stands at $365,000, and rental yield measures 10.09% with $3,068/mo rent. Return on cash invested shows 28.28% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 147.6% and total cumulative return in cash records $178,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,068/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99645, Palmer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,212 (100%) |
| Owner Occupied HU | 8,568 (70.2%) |
| Renter Occupied HU | 2,339 (19.2%) |
| Vacant Housing Units | 1,305 (10.7%) |
| Median Home Value | $385,372 |
| Average Home Value | $429,073 |
Housing Distribution
Address Breakdown
Residential
8,801
Single Family
8,469
Multi-Family
332
Businesses
831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn DeYoung • Signature Real Estate Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-12813
Disclaimer: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.