16941 Vanover CirEagle 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 16941 Vanover Cir, Eagle River, AK, 99577 earns $723/mo cash flow from $3,755/mo rent with a $2,435/mo payment. Total monthly income totals $3,755/mo, and annual cash flow totals $8,676/yr on $164,921 capital. ROI tracks 25.17% on current figures, and rental yield reads 9.06% at a $497,500 purchase. Equity gained on principal adds $3,210/yr, and 5% annual appreciation supports $137,450 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash sums $215,895. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,755/mo property income instead of your personal income.
Single Family
Built in 1981
9,583 sqft 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: Audrey G Mason • RE/MAX Dynamic Properties - Eagle River Branch
Mls Name: AKMLS
Mls ID: #25-9556