L3a B2 Thoms PlWrangellAK99929
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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 Wrangell at L3a B2 Thoms Pl, Wrangell, AK, 99929 earns $53/mo cash flow from $1,333/mo rent with a $1,028/mo payment. Total monthly income totals $1,333/mo, and annual cash flow totals $636/yr on $69,615 capital. ROI tracks 20.82% on current figures, and rental yield reads 7.62% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 107.62% and total cumulative return in cash sums $74,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,333/mo property income instead of your personal income.
Single Family
Built in 1980
3.23 Acres 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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No similar rental properties found nearby.
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Listed by: Marilyn Mork • Anchor Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #21-11871
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