L3b3 Eastern PsgeWrangellAK99929
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 Wrangell at L3b3 Eastern Psge, Wrangell, AK, 99929 priced at $159,000 pairs $1,574/mo rent with $605/mo cash flow after a $778/mo payment. Total monthly income equals $1,574/mo, and annual cash flow comes to $7,262/yr on $52,709 invested. Return on cash invested is 33.69% in year one, and rental yield stands at 11.88% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 176.67% and total cumulative return in cash reaches $93,120. For financing, Ziffy Mortgage’s DSCR program evaluates $1,574/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
3.99 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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Nearby investment properties with comparable prices
Listed by: Bennett McGrath • Anchor Properties
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-6132
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