Township Road E No RdTrapper CreekAK99683
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 Trapper Creek at Township Road E No Rd, Trapper Creek, AK, 99683 priced at $120,000 converts $1,602/mo rent into $871/mo cash flow after a $587/mo obligation. Total monthly income equals $1,602/mo, and annual cash flow totals $10,452/yr on $39,780 invested. Return on cash invested prints 46.18% in year one, and rental yield reads 16.02% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 243.58% and total cumulative return in cash sums $96,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,602/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1993
4.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99683, Trapper Creek, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,257 (100%) |
| Owner Occupied HU | 251 (20.0%) |
| Renter Occupied HU | 36 ( 2.9%) |
| Vacant Housing Units | 970 (77.2%) |
| Median Home Value | $326,724 |
| Average Home Value | $321,514 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
Listed by: Greta Froelich • McKinley View Real Estate LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-3174
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