401 N Wilderness DrPalmerAK99645
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 Palmer at 401 N Wilderness Dr, Palmer, AK, 99645 at $249,000 posts ROI 22.4% with $171/mo cash flow from $1,689/mo rent. Total monthly income equals $1,689/mo, and annual cash flow records $2,054/yr on $82,544 to close. Return on cash invested measures 22.4% and rental yield reads 8.14% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $95,840.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,689/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99645, Palmer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,212 (100%) |
| Owner Occupied HU | 8,568 (70.2%) |
| Renter Occupied HU | 2,339 (19.2%) |
| Vacant Housing Units | 1,305 (10.7%) |
| Median Home Value | $385,372 |
| Average Home Value | $429,073 |
Housing Distribution
Address Breakdown
Residential
8,801
Single Family
8,469
Multi-Family
332
Businesses
831
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Nearby investment properties with comparable prices
Listed by: Deborah Jordan • Frontier Realty
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-1424
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