24074 W Johnson DrWillowAK99688
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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 Willow at 24074 W Johnson Dr, Willow, AK, 99688 uses $77,903 cash to close to unlock $2,100/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,607/mo, and a $1,150/mo payment keeps the spread at $175/mo. Purchase price stands at $235,000, and rental yield measures 8.21% with $1,607/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 117.15% and total cumulative return in cash records $91,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,607/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99688, Willow, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,000 (100%) |
| Owner Occupied HU | 929 (31.0%) |
| Renter Occupied HU | 125 ( 4.2%) |
| Vacant Housing Units | 1,946 (64.9%) |
| Median Home Value | $374,096 |
| Average Home Value | $390,156 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
67
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