655 N Smith RdPalmerAK99645
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 Palmer at 655 N Smith Rd, Palmer, AK, 99645 at $625,000 posts ROI 18.08% with from $3,470/mo rent. Total monthly income equals $3,470/mo. Return on cash invested measures 18.08% and rental yield reads 6.66% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 92.87% and total cumulative return in cash totals $190,969. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
2.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Stigen • Berkshire Hathaway HomeServices Alaska Realty
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-6060
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