108 Paula StKenaiAK99611
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 Kenai at 108 Paula St, Kenai, AK, 99611 priced at $399,000 pairs $3,028/mo rent with $596/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,028/mo, and annual cash flow comes to $7,154/yr on $132,269 invested. Return on cash invested is 25.32% in year one, and rental yield stands at 9.11% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 131.75% and total cumulative return in cash reaches $174,266. For financing, Ziffy Mortgage’s DSCR program evaluates $3,028/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99611, Kenai, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,113 (100%) |
| Owner Occupied HU | 4,805 (59.2%) |
| Renter Occupied HU | 1,937 (23.9%) |
| Vacant Housing Units | 1,371 (16.9%) |
| Median Home Value | $331,996 |
| Average Home Value | $373,209 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
4,424
Multi-Family
131
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices