1421 S Bonanza StPalmerAK99645
Nearby investment properties with comparable rents
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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 Palmer at 1421 S Bonanza St, Palmer, AK, 99645 earns $59/mo cash flow from $1,760/mo rent with a $1,366/mo payment. Total monthly income totals $1,760/mo, and annual cash flow totals $710/yr on $92,489 capital. ROI tracks 20.68% on current figures, and rental yield reads 7.57% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash sums $98,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,760/mo property income instead of your personal income.
Single Family
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99645, Palmer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,212 (100%) |
| Owner Occupied HU | 8,568 (70.2%) |
| Renter Occupied HU | 2,339 (19.2%) |
| Vacant Housing Units | 1,305 (10.7%) |
| Median Home Value | $385,372 |
| Average Home Value | $429,073 |
Housing Distribution
Address Breakdown
Residential
8,801
Single Family
8,469
Multi-Family
332
Businesses
831
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Nearby investment properties with comparable prices
Listed by: Shaylaree L Pempek • Signature Real Estate Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-6566
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