460 S Augu StPalmerAK99645
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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 Palmer at 460 S Augu St, Palmer, AK, 99645 offers $1,435/mo rent that, after a $910/mo payment, leaves $302/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $3,622/yr on $61,659 cash. Return on cash invested measures 25.78% in year one, and rental yield stands at 9.26% at a $186,000 entry. Equity gained on principal adds $1,200/yr while 5% annual appreciation compounds into $51,388 by year five. Five-year ROI records 134.22% and total cumulative return in cash reaches $82,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.55 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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