116 Powder Run Ln #9GirdwoodAK99587
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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
Rental property for sale in Girdwood at 116 Powder Run Ln #9, Girdwood, AK, 99587 priced at $985,000 pairs $3,988/mo rent with after a $4,821/mo payment. Total monthly income equals $3,988/mo. Return on cash invested is 11.27% in year one, and rental yield stands at 4.86% on a $985,000 basis. Equity gained on principal adds $6,356/yr, and 5% annual appreciation accumulates to $272,137 by year five. Five-year ROI measures 56.85% and total cumulative return in cash reaches $184,222. For financing, Ziffy Mortgage’s DSCR program evaluates $3,988/mo property income against a $4,821/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99587, Girdwood, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 584 (38.1%) |
| Renter Occupied HU | 285 (18.6%) |
| Vacant Housing Units | 662 (43.2%) |
| Median Home Value | $697,154 |
| Average Home Value | $728,262 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
92
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Nearby investment properties with comparable prices
Listed by: Shannon Ingram • EXP Realty, LLC Anchorage
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-12912
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