18699 Stonehill 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 18699 Stonehill Dr, Eagle River, AK, 99577 uses $209,573 cash to close to unlock $6,739/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $4,444/mo, and a $3,118/mo payment keeps the spread at $562/mo. Purchase price stands at $637,000, and rental yield measures 8.37% with $4,444/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $175,991 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash records $253,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,444/mo property income covering a $3,118/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.11 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: Julia Skelley • Keller Williams Realty Alaska Group of Eagle River
Mls Name: AKMLS
Mls ID: #25-5246