19641 Highland Ridge 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 19641 Highland Ridge Dr, Eagle River, AK, 99577 listed at $445,000 pairs $3,565/mo rent with a $2,178/mo payment to leave $853/mo cash flow. Total monthly income runs $3,565/mo, and annual cash flow reaches $10,236/yr on $147,518 cash to close. Return on cash invested measures 26.85% in year one, and rental yield registers 9.61% at a $445,000 basis. Equity gained on principal adds $2,872/yr, and annual property appreciation at 5% supports $122,945 by year five. Five-year ROI tracks 139.92% and total cumulative return in cash totals $206,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,565/mo property income relative to a $2,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
3,920 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: Sean Mulhern • Real Broker Alaska
Mls Name: AKMLS
Mls ID: #25-9725