125 White Pass Ln APT 706GirdwoodAK99587
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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 Girdwood at 125 White Pass Ln APT 706, Girdwood, AK, 99587 generates $1,664/mo in rent, after a $2,535/mo payment. Total monthly income is $1,664/mo. Return on cash invested sits at 9.55% in year one, and rental yield is 3.85% on a $518,000 entry. Equity gained on principal adds $3,343/yr, while 5% annual appreciation builds toward $143,114 over five years. Five-year ROI reaches 47.15% and total cumulative return in cash sums $80,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A 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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