OFF_MARKETRisky Deal2 days on market

186 Echo Ridge Dr

186 Echo Ridge Dr, Girdwood, AK 99587, Girdwood, AK 99587
$825,000
Zestimate®:$811,600

Listing Price

Property image 1
186 Echo Ridge Dr, Girdwood, AK 99587
Loc: Girdwood, AK
Days Listed
2
Tax Assessed
$757k
Zestimate®
$812k
Market Rate
Lot Size
0.35 acres
Rent Estimate
$3,220/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Girdwood School

PK-8
1.2 mi away
10

South Anchorage High School

9-12
25.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
2.69%
Total ROI
3.1%
Cash Flow
$-2,321/mo
DSCR
0.44
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-12Sold$0
2026-04-21Pending sale$825,000$466
2026-04-18Listed for sale$825,000$466
2007-04-06Sold$0

Tax History

YearProperty TaxTax Assessment
2025$9,242.97$757,000
2024$8,707.45$706,200
2023$8,347.38$664,600
2022$7,958.53$641,300
2021$0$559,300
2020$0$491,900
2019$0$482,900
2018$0$482,900
2017$4,609.11$473,900
2016$4,609.11$446,500
2015$4,609.11$434,600
2014$4,609.11$428,100
2013$0$421,700
2012$0$423,600
2011$0$426,200
2010$0$408,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,770
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $825,000Rent Basis: Observed Comp Model ($3,220/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $241/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.16%

NOI: $17,853/yr

Cash-on-Cash Yield
-17.7%

On $189,750 invested

DSCR Ratio
0.35x

Negative debt coverage

5-Yr Leveraged ROI
+5.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.19% of basis)-$751/mo
Homeowner / Hazard Insurance-$241/mo
Vacancy Reserve (5% of rent)-$161/mo
Repairs & Maintenance (10% of rent)-$322/mo
Property Management (8% of rent)-$258/mo
Total Pure Operating Expenses-$1,732/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,220/mo
Less: Operating Expenses-$1,732/mo
Net Operating Income (NOI)+$1,488/mo
Less: Debt Service (30yr @ 6.75%)-$4,281/mo
Net Cash Flow
$-2,793/mo
$-33,516/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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