1284 Arctic Tern DrFairbanksAK99712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1284 Arctic Tern Dr, Fairbanks, AK, 99712 offers a 9.85% rental yield on a $329,000 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,610/mo payment leaves $695/mo available for distribution. Annual cash flow reaches $8,342/yr on $109,064 to close, and return on cash invested stands at 27.56% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 143.77% and total cumulative return in cash at $156,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99712, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,215 (100%) |
| Owner Occupied HU | 4,427 (71.2%) |
| Renter Occupied HU | 917 (14.8%) |
| Vacant Housing Units | 871 (14.0%) |
| Median Home Value | $361,676 |
| Average Home Value | $361,652 |
Housing Distribution
Address Breakdown
Residential
4,327
Single Family
4,327
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobby Desrochers • GOLD STANDARD REAL ESTATE SERVICES, LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #158013
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.