1796 E Neil Cir APT 3WasillaAK99654
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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 Wasilla at 1796 E Neil Cir APT 3, Wasilla, AK, 99654 generates $1,660/mo in rent and, after a $942/mo payment, leaves $487/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $5,844/yr on $63,814 invested. Return on cash invested sits at 29.07% in year one, and rental yield is 10.35% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 151.8% and total cumulative return in cash sums $96,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Condo
Built in 2006
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99654, Wasilla, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,811 (100%) |
| Owner Occupied HU | 11,184 (66.5%) |
| Renter Occupied HU | 4,440 (26.4%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $395,411 |
| Average Home Value | $443,523 |
Housing Distribution
Address Breakdown
Residential
12,735
Single Family
12,255
Multi-Family
480
Businesses
1,194
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