1207 Portside DrKenaiAK99611
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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 1207 Portside Dr, Kenai, AK, 99611 uses $162,435 cash to close to unlock $12/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $2,987/mo, and a $2,398/mo payment keeps the spread at $1/mo. Purchase price stands at $490,000, and rental yield measures 7.32% with $2,987/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 102.75% and total cumulative return in cash records $166,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,987/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.44 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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