23012 Homestead RdChugiakAK99567
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 23012 Homestead Rd, Chugiak, AK, 99567 offers a 6.83% rental yield on a $464,900 purchase with $2,645/mo rent. 45% in year one. Equity gained on principal adds $3,000/yr while 5% annual appreciation supports $128,443 over five years. Portfolio math shows five-year ROI at 94.9% and total cumulative return in cash at $146,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,645/mo property income against a $2,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices