137 E 7th AveNorth PoleAK99705
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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 North Pole at 137 E 7th Ave, North Pole, AK, 99705 uses $79,527 cash to close to unlock $9,993/yr annual cash flow and $833/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,174/mo payment keeps the spread at $833/mo. Purchase price stands at $239,900, and rental yield measures 11.7% with $2,340/mo rent. Return on cash invested shows 32.47% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 170.35% and total cumulative return in cash records $135,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99705, North Pole, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,016 (63.4%) |
| Renter Occupied HU | 2,308 (24.3%) |
| Vacant Housing Units | 1,170 (12.3%) |
| Median Home Value | $322,438 |
| Average Home Value | $338,528 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
7,381
Multi-Family
182
Businesses
297
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Listed by: Scott Rosenthal • THE REAL ESTATE GROUP AK
Mls Name: GFMLS
Mls Provider:
Mls ID: #157535
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.