1018 Kodiak StFairbanksAK99709
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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 Fairbanks at 1018 Kodiak St, Fairbanks, AK, 99709 uses $112,677 cash to close to unlock $11,137/yr annual cash flow and $928/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,664/mo payment keeps the spread at $928/mo. Purchase price stands at $339,900, and rental yield measures 10.59% with $3,000/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 155.76% and total cumulative return in cash records $175,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99709, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,317 (100%) |
| Owner Occupied HU | 7,881 (55.0%) |
| Renter Occupied HU | 4,408 (30.8%) |
| Vacant Housing Units | 2,028 (14.2%) |
| Median Home Value | $333,265 |
| Average Home Value | $352,916 |
Housing Distribution
Address Breakdown
Residential
10,186
Single Family
8,885
Multi-Family
1,301
Businesses
669
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