1229 19th AveFairbanksAK99701
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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 1229 19th Ave, Fairbanks, AK, 99701 uses $74,588 cash to close to unlock $7,164/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $1,968/mo, and a $1,101/mo payment keeps the spread at $597/mo. Purchase price stands at $225,000, and rental yield measures 10.5% with $1,968/mo rent. Return on cash invested shows 29.51% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 154.2% and total cumulative return in cash records $115,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,968/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
9,000 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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Listed by: Codie Wareham • OP REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #157916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.