1103 2nd 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
Investment property for sale in Kenai at 1103 2nd Ave, Kenai, AK, 99611 earns $810/mo cash flow from $3,366/mo rent with a $2,053/mo payment. Total monthly income totals $3,366/mo, and annual cash flow totals $9,715/yr on $139,064 capital. ROI tracks 26.9% on current figures, and rental yield reads 9.63% at a $419,500 purchase. Equity gained on principal adds $2,707/yr, and 5% annual appreciation supports $115,900 over five years. Five-year ROI reaches 140.19% and total cumulative return in cash sums $194,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,366/mo property income instead of your personal income.
Single Family
Built in 1956
1.25 Acres 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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