12124 Rainwater CirEagle 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
Rental property for sale in Eagle River at 12124 Rainwater Cir, Eagle River, AK, 99577 generates $4,087/mo in rent, after a $3,646/mo payment. Total monthly income is $4,087/mo. Return on cash invested sits at 17.84% in year one, and rental yield is 6.58% on a $745,000 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation builds toward $205,830 over five years. Five-year ROI reaches 91.59% and total cumulative return in cash sums $224,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,087/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.50 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: Keira J Dreher • Keller Williams Realty Alaska Group of Eagle River
Mls Name: AKMLS
Mls ID: #25-8951