12117 Lugene LnEagle 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 12117 Lugene Ln, Eagle River, AK, 99577 listed at $594,900 pairs $3,143/mo rent with a $2,912/mo payment. Total monthly income runs $3,143/mo. Return on cash invested measures 17.1% in year one, and rental yield registers 6.34% at a $594,900 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,360 by year five. Five-year ROI tracks 87.64% and total cumulative return in cash totals $171,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,143/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.95 Acres lot
$N/A/sqft
No 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: Jake Fiorelli • Real Estate Brokers of Alaska
Mls Name: AKMLS
Mls ID: #25-10495