17648 Odman StNinilchikAK99639
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 Ninilchik at 17648 Odman St, Ninilchik, AK, 99639 listed at $159,999 pairs $1,208/mo rent with a $783/mo payment to leave $233/mo cash flow. Total monthly income runs $1,208/mo, and annual cash flow reaches $2,796/yr on $53,040 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 9.06% at a $159,999 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 130.95% and total cumulative return in cash totals $69,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,208/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
24.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99639, Ninilchik, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 492 (39.3%) |
| Renter Occupied HU | 81 ( 6.5%) |
| Vacant Housing Units | 680 (54.3%) |
| Median Home Value | $320,833 |
| Average Home Value | $339,248 |
Housing Distribution
Address Breakdown
Residential
49
Single Family
49
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ross Baxter • Jack White Real Estate Soldotna
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-1853
Disclaimer: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.