365 Cortina RdGirdwoodAK99587
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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
Rental property for sale in Girdwood at 365 Cortina Rd, Girdwood, AK, 99587 priced at $675,000 pairs $3,197/mo rent with after a $3,304/mo payment. Total monthly income equals $3,197/mo. Return on cash invested is 15.11% in year one, and rental yield stands at 5.68% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 76.92% and total cumulative return in cash reaches $170,823. For financing, Ziffy Mortgage’s DSCR program evaluates $3,197/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99587, Girdwood, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 584 (38.1%) |
| Renter Occupied HU | 285 (18.6%) |
| Vacant Housing Units | 662 (43.2%) |
| Median Home Value | $697,154 |
| Average Home Value | $728,262 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
92
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