4800 W Lucy Lake DrWasillaAK99623
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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 Wasilla at 4800 W Lucy Lake Dr, Wasilla, AK, 99623 priced at $489,000 converts $3,404/mo rent into $424/mo cash flow after a $2,393/mo obligation. Total monthly income equals $3,404/mo, and annual cash flow totals $5,090/yr on $162,104 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 8.35% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 119.57% and total cumulative return in cash sums $193,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,404/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.54 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Karla A McBride • RE/MAX Dynamic Properties Mat-Su Branch
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5420
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