110 Tern AveKenaiAK99611
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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
Rental property for sale in Kenai at 110 Tern Ave, Kenai, AK, 99611 offers $2,207/mo rent that, after a $1,248/mo payment, leaves $653/mo cash flow. Total monthly income is $2,207/mo, and annual cash flow is $7,836/yr on $84,533 cash. Return on cash invested measures 29.18% in year one, and rental yield stands at 10.39% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 152.41% and total cumulative return in cash reaches $128,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,207/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,840 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
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Nearby investment properties with comparable prices
Listed by: Traci Hansen • Jack White Real Estate Soldotna
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-5692
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