22530 Old Glenn HwyChugiakAK99567
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 Chugiak at 22530 Old Glenn Hwy, Chugiak, AK, 99567 earns $425/mo cash flow from $3,516/mo rent with a $2,381/mo payment. Total monthly income totals $3,516/mo, and annual cash flow totals $5,101/yr on $161,275 capital. ROI tracks 23.07% on current figures, and rental yield reads 8.67% at a $486,500 purchase. Equity gained on principal adds $3,139/yr, and 5% annual appreciation supports $134,411 over five years. Five-year ROI reaches 120.04% and total cumulative return in cash sums $193,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,516/mo property income instead of your personal income.
Single Family
Built in 2017
0.59 Acres 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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Nearby investment properties with comparable prices
Listed by: Matthew St John • Keller Williams Realty Alaska Group of Wasilla
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-11159
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