18707 3rd StEagle 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 18707 3rd St, Eagle River, AK, 99577 offers a 11.32% rental yield on a $425,000 purchase with $4,008/mo rent. Total monthly income registers $4,008/mo, and a $2,080/mo payment leaves $1,418/mo available for distribution. Annual cash flow reaches $17,016/yr on $140,888 to close, and return on cash invested stands at 31.99% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 167.46% and total cumulative return in cash at $235,937. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,008/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
10,454 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: Joslyn N Blanchard • Jack White Real Estate
Mls Name: AKMLS
Mls ID: #25-12767