2196D Lawson Creek RdDouglasAK99824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Douglas at 2196D Lawson Creek Rd, Douglas, AK, 99824 offers a 11.9% rental yield on a $234,900 purchase with $2,330/mo rent. Total monthly income registers $2,330/mo, and a $1,150/mo payment leaves $898/mo available for distribution. Annual cash flow reaches $10,777/yr on $77,869 to close, and return on cash invested stands at 33.75% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 177% and total cumulative return in cash at $137,829. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,330/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99824, Douglas, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,062 (100%) |
| Owner Occupied HU | 471 (44.4%) |
| Renter Occupied HU | 461 (43.4%) |
| Vacant Housing Units | 130 (12.2%) |
| Median Home Value | $475,000 |
| Average Home Value | $503,848 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
587
Multi-Family
167
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices