21344 Songbird Dr #C-1ChugiakAK99567
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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 Chugiak at 21344 Songbird Dr #C-1, Chugiak, AK, 99567 listed at $215,000 pairs $1,458/mo rent with a $1,052/mo payment to leave $148/mo cash flow. Total monthly income runs $1,458/mo, and annual cash flow reaches $1,776/yr on $71,273 cash to close. Return on cash invested measures 22.4% in year one, and rental yield registers 8.14% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 116.07% and total cumulative return in cash totals $82,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,458/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99567, Chugiak, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,355 (100%) |
| Owner Occupied HU | 2,477 (73.8%) |
| Renter Occupied HU | 577 (17.2%) |
| Vacant Housing Units | 301 ( 9.0%) |
| Median Home Value | $492,144 |
| Average Home Value | $500,572 |
Housing Distribution
Address Breakdown
Residential
2,162
Single Family
2,162
Multi-Family
0
Businesses
178
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