12329 Lake St #D-7Eagle 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 12329 Lake St #D-7, Eagle River, AK, 99577 offers a 12.48% rental yield on a $239,000 purchase with $2,485/mo rent. Total monthly income registers $2,485/mo, and a $1,170/mo payment leaves $1,028/mo available for distribution. Annual cash flow reaches $12,338/yr on $79,229 to close, and return on cash invested stands at 35.48% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 186.28% and total cumulative return in cash at $147,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,485/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
N/A 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: Heather J Brinley • EXP Realty, LLC Anchorage
Mls Name: AKMLS
Mls ID: #25-12695