517 N Angus LoopPalmerAK99645
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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 517 N Angus Loop, Palmer, AK, 99645 priced at $449,000 converts $3,115/mo rent into $378/mo cash flow after a $2,198/mo obligation. Total monthly income equals $3,115/mo, and annual cash flow totals $4,538/yr on $148,844 invested. Return on cash invested prints 22.96% in year one, and rental yield reads 8.33% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 119.1% and total cumulative return in cash sums $177,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,115/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.49 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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