9475 E Spring Creek CirPalmerAK99645
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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 9475 E Spring Creek Cir, Palmer, AK, 99645 listed at $949,000 pairs $5,509/mo rent with a $4,645/mo payment. Total monthly income runs $5,509/mo. Return on cash invested measures 19% in year one, and rental yield registers 6.97% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 97.84% and total cumulative return in cash totals $305,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,509/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.67 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
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