6551 Richardson HwySalchaAK99714
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 Salcha at 6551 Richardson Hwy, Salcha, AK, 99714 offers a 9.22% rental yield on a $269,900 purchase with $2,074/mo rent. Total monthly income registers $2,074/mo, and a $1,321/mo payment leaves $399/mo available for distribution. Annual cash flow reaches $4,785/yr on $89,472 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 131.55% and total cumulative return in cash at $117,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,074/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99714, Salcha, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 408 (35.2%) |
| Renter Occupied HU | 104 ( 9.0%) |
| Vacant Housing Units | 646 (55.8%) |
| Median Home Value | $333,333 |
| Average Home Value | $342,549 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
421
Multi-Family
0
Businesses
14
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Listed by: Cassie Leon • SUMMIT REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #156062
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.