1117 Joyce DrFairbanksAK99701
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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 1117 Joyce Dr, Fairbanks, AK, 99701 listed at $399,000 pairs $2,388/mo rent with a $1,953/mo payment. Total monthly income runs $2,388/mo. Return on cash invested measures 19.51% in year one, and rental yield registers 7.18% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 100.61% and total cumulative return in cash totals $133,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,388/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
9,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99701, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,136 (100%) |
| Owner Occupied HU | 3,240 (35.5%) |
| Renter Occupied HU | 4,501 (49.3%) |
| Vacant Housing Units | 1,395 (15.3%) |
| Median Home Value | $274,760 |
| Average Home Value | $285,853 |
Housing Distribution
Address Breakdown
Residential
7,371
Single Family
5,815
Multi-Family
1,556
Businesses
1,469
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