122 Echo Ridge DrGirdwoodAK99587
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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 Girdwood at 122 Echo Ridge Dr, Girdwood, AK, 99587 listed at $999,000 pairs $3,838/mo rent with a $4,890/mo payment. Total monthly income runs $3,838/mo. Return on cash invested measures 11.84% in year one, and rental yield registers 4.61% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 59.43% and total cumulative return in cash totals $195,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,838/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.34 Acres lot
$N/A/sqft
No 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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