11429 Heritage Ct APT 2Eagle RiverAK99577
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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 Eagle River at 11429 Heritage Ct APT 2, Eagle River, AK, 99577 earns from $1,261/mo rent with a $822/mo payment. Total monthly income totals $1,261/mo. ROI tracks 17.42% on current figures, and rental yield reads 9.01% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 92.17% and total cumulative return in cash sums $51,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,261/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$339 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99577, Eagle River, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 7,281 (70.4%) |
| Renter Occupied HU | 2,467 (23.9%) |
| Vacant Housing Units | 593 ( 5.7%) |
| Median Home Value | $474,380 |
| Average Home Value | $516,364 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
9,320
Multi-Family
310
Businesses
630
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Listed by: Richard Davids • Sun Properties, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-248
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