17340 Meadow Creek DrEagle 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 17340 Meadow Creek Dr, Eagle River, AK, 99577 uses $117,683 cash to close to unlock $4,464/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,536/mo, and a $1,738/mo payment keeps the spread at $372/mo. Purchase price stands at $355,000, and rental yield measures 8.57% with $2,536/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash records $144,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,536/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,405 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: Patricia O'Neil • Keller Williams Realty Alaska Group of Wasilla
Mls Name: AKMLS
Mls ID: #26-18