8738 Lassen StEagle RiverAK99577
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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 Eagle River at 8738 Lassen St, Eagle River, AK, 99577 uses $208,915 cash to close to unlock $4,920/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $4,280/mo, and a $3,108/mo payment keeps the spread at $410/mo. Purchase price stands at $635,000, and rental yield measures 8.09% with $4,280/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 116.11% and total cumulative return in cash records $242,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,280/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99577, Eagle River, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 7,281 (70.4%) |
| Renter Occupied HU | 2,467 (23.9%) |
| Vacant Housing Units | 593 ( 5.7%) |
| Median Home Value | $474,380 |
| Average Home Value | $516,364 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
9,320
Multi-Family
310
Businesses
630
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Listed by: Dustin Renner • Keller Williams Realty Alaska Group of Wasilla
Mls Name: AKMLS
Mls ID: #25-9612