16633 Rivers Edge Ln #19Eagle RiverAK99577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16633 Rivers Edge Ln #19, Eagle River, AK, 99577 uses $105,417 cash to close to unlock $12,317/yr annual cash flow and $1,026/mo monthly cash flow. Total monthly income runs $2,964/mo, and a $1,556/mo payment keeps the spread at $1,026/mo. Purchase price stands at $318,000, and rental yield measures 11.18% with $2,964/mo rent. Return on cash invested shows 31.59% in year one, and 5% annual appreciation builds toward $87,858 over five years. Five-year ROI reaches 165.39% and total cumulative return in cash records $174,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hilary K Lockhart • Real Broker LLC - Guaranteed
Mls Name: AKMLS
Mls ID: #26-321