618 Case AveWrangellAK99929
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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
Investment property for sale in Wrangell at 618 Case Ave, Wrangell, AK, 99929 at $325,000 posts ROI 21.75% with $165/mo cash flow from $2,146/mo rent. Total monthly income equals $2,146/mo, and annual cash flow records $1,980/yr on $107,738 to close. Return on cash invested measures 21.75% and rental yield reads 7.92% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 112.56% and total cumulative return in cash totals $121,273.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,146/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
10,018 sqft 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
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Listed by: E. Bennett Mcgrath • Anchor Properties
Mls Name: SEAMLS
Mls ID: #25192
Disclaimer: Disclaimer: All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumers personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.