1708 Carr AveFairbanksAK99709
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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
Rental property for sale in Fairbanks at 1708 Carr Ave, Fairbanks, AK, 99709 priced at $154,997 converts $1,279/mo rent into $334/mo cash flow after a $759/mo obligation. Total monthly income equals $1,279/mo, and annual cash flow totals $4,008/yr on $51,382 invested. Return on cash invested prints 27.71% in year one, and rental yield reads 9.9% against a $154,997 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,823 by year five. Five-year ROI reaches 144.55% and total cumulative return in cash sums $74,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,279/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1966
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99709, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,317 (100%) |
| Owner Occupied HU | 7,881 (55.0%) |
| Renter Occupied HU | 4,408 (30.8%) |
| Vacant Housing Units | 2,028 (14.2%) |
| Median Home Value | $333,265 |
| Average Home Value | $352,916 |
Housing Distribution
Address Breakdown
Residential
10,186
Single Family
8,885
Multi-Family
1,301
Businesses
669
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Listed by: Jared Andrew English • Congress Realty, Inc
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-2808
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