729 Evergreen 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
Rental property for sale in Wrangell at 729 Evergreen Ave, Wrangell, AK, 99929 generates $2,736/mo in rent and, after a $2,057/mo payment, leaves $175/mo in cash flow. Total monthly income is $2,736/mo, and annual cash flow is $2,097/yr on $139,296 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 7.81% on a $420,200 entry. Equity gained on principal adds $2,711/yr, while 5% annual appreciation builds toward $116,094 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash sums $154,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,736/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,985 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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