2008 Gillam WayFairbanksAK99701
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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 Fairbanks at 2008 Gillam Way, Fairbanks, AK, 99701 listed at $136,000 pairs $1,430/mo rent with a $666/mo payment to leave $601/mo cash flow. Total monthly income runs $1,430/mo, and annual cash flow reaches $7,210/yr on $45,084 cash to close. Return on cash invested measures 35.9% in year one, and rental yield registers 12.62% at a $136,000 basis. Equity gained on principal adds $878/yr, and annual property appreciation at 5% supports $37,574 by year five. Five-year ROI tracks 188.48% and total cumulative return in cash totals $84,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,430/mo property income relative to a $666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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