1353 Granite DrDelta JunctionAK99737
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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 Delta Junction at 1353 Granite Dr, Delta Junction, AK, 99737 priced at $280,000 converts $3,616/mo rent into $1,910/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,616/mo, and annual cash flow totals $22,920/yr on $92,820 invested. Return on cash invested prints 44.6% in year one, and rental yield reads 15.5% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 235.12% and total cumulative return in cash sums $218,241. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,616/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1965
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99737, Delta Junction, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,252 (100%) |
| Owner Occupied HU | 1,284 (57.0%) |
| Renter Occupied HU | 394 (17.5%) |
| Vacant Housing Units | 574 (25.5%) |
| Median Home Value | $316,921 |
| Average Home Value | $347,324 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
342
Multi-Family
0
Businesses
185
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Listed by: Debbie Joslin • DEBBIE JOSLIN REALTY, LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #154983
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.