398 Eagle Ridge RdFairbanksAK99712
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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 Fairbanks at 398 Eagle Ridge Rd, Fairbanks, AK, 99712 uses $117,649 cash to close to unlock $3,687/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,555/mo, and a $1,737/mo payment keeps the spread at $307/mo. Purchase price stands at $354,900, and rental yield measures 8.64% with $2,555/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash records $141,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,555/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 1982
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99712, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,215 (100%) |
| Owner Occupied HU | 4,427 (71.2%) |
| Renter Occupied HU | 917 (14.8%) |
| Vacant Housing Units | 871 (14.0%) |
| Median Home Value | $361,676 |
| Average Home Value | $361,652 |
Housing Distribution
Address Breakdown
Residential
4,327
Single Family
4,327
Multi-Family
0
Businesses
24
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Listed by: Jewel Addison • SUMMIT REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #157544
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.