5.3 Zimovia Hwy #1-LOT 5WrangellAK99929
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 Wrangell at 5.3 Zimovia Hwy #1-LOT 5, Wrangell, AK, 99929 offers a 7.91% rental yield on a $450,000 purchase with $2,968/mo rent. Total monthly income registers $2,968/mo, and a $2,203/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,700/yr on $149,175 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 112.41% and total cumulative return in cash at $167,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,968/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99929, Wrangell, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,187 (100%) |
| Owner Occupied HU | 572 (48.2%) |
| Renter Occupied HU | 339 (28.6%) |
| Vacant Housing Units | 276 (23.3%) |
| Median Home Value | $343,452 |
| Average Home Value | $343,003 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices