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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Kenai, AK
Rental Income
Listed for sale today
$ 310,000
ROI
26.2
Cash Flow/m
554- 1 Bed
- 1 Bath
- 1038 sft
37382 Wanda Gail St, Kenai, AK, 99611
Listed for sale 1 day ago
$ 295,000
ROI
24.3Cash Flow/m
375- 3 Bed
- 1 Bath
- 960 sft
1114 Alder Ave, Kenai, AK, 99611
Listed for sale 1 day ago
$ 340,000
ROI
26.9Cash Flow/m
675- 4 Bed
- 2 Bath
- 1488 sft
1210 4th Ave, Kenai, AK, 99611
Listed for sale 3 days ago
$ 297,500
ROI
22.5Cash Flow/m
229- 2 Bed
- 2 Bath
- 852 sft
53272 Williams Rd, Kenai, AK, 99611
Why Invest in Kenai, Alaska?
Kenai, AK offers strong investment opportunities in properties under $500k, with access to affordable homes in a scenic coastal location. Stable rental yields around 6-8% attract investors seeking cash flow from tourism and oil sectors. Annual appreciation of 4-5% reflects growing demand amid limited supply. Cap rates hover at 7-9%, supported by low vacancy and year-round renter demand. Renter-occupied units exceed 35%, bolstered by seasonal visitors and local workforce.
8.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Investors see avg ROI of 8-9% with cap rates around 8%. Rental yields of 7% support steady cash flow. Appreciation adds 4-5% annually from demand growth.
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