L13 Overlook DrEagle RiverAK99577
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
Rental property for sale in Eagle River at L13 Overlook Dr, Eagle River, AK, 99577 priced at $143,000 pairs $3,468/mo rent with $2,553/mo cash flow after a $700/mo payment. Total monthly income equals $3,468/mo, and annual cash flow comes to $30,637/yr on $47,405 invested. Return on cash invested is 84.54% in year one, and rental yield stands at 29.1% on a $143,000 basis. Equity gained on principal adds $923/yr, and 5% annual appreciation accumulates to $39,508 by year five. Five-year ROI measures 449.79% and total cumulative return in cash reaches $213,220. For financing, Ziffy Mortgage’s DSCR program evaluates $3,468/mo property income against a $700/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
2.63 Acres lot
$N/A/sqft
$130 quarterly 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: Noah J Kraemer • Eklutna Real Estate Services, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-8658
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