2008 Gillam WayFairbanksAK99701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2008 Gillam Way, Fairbanks, AK, 99701 in Fairbanks. Priced at $136,000, it generates $1,430/mo in gross rent and $601/mo in net monthly cash flow, a 12.62% yield that comfortably supports the 2.34 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,214. Five-year appreciation: $37,574. Equity from principal paydown: $1,253/yr. Total projected cumulative return: $90,175.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 7.2% |
| Monthly Cash Flow | $601 | $1,250 |
City averages based on Fairbanks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,430 |
| Total Monthly Debt Service | $775 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1953
0.33 Acres 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
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
Multi Family
Built in 1953
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices