7340 E Timber Ridge Cir UNIT 3PalmerAK99645
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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 Palmer at 7340 E Timber Ridge Cir UNIT 3, Palmer, AK, 99645 uses $114,036 cash to close to unlock $7,598/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $2,730/mo, and a $1,684/mo payment keeps the spread at $633/mo. Purchase price stands at $344,000, and rental yield measures 9.52% with $2,730/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 138.48% and total cumulative return in cash records $157,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,730/mo property income covering a $1,684/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
435.60 sqft 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
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