18116 Harmony 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
Total monthly income runs $3,360/mo, and a $5,506/mo payment. Purchase price stands at $1,125,000, and rental yield measures 3.58% with $3,360/mo rent. Return on cash invested shows 8.86% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 43.36% and total cumulative return in cash records $158,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1.10 Acres 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: Justin J Bell • Firebird Realty, LLC
Mls Name: AKMLS
Mls ID: #25-7590