2130 Frisbee CtHomerAK99603
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
Rental property for sale in Homer at 2130 Frisbee Ct, Homer, AK, 99603 priced at $199,000 pairs $2,419/mo rent with $1,206/mo cash flow after a $974/mo payment. Total monthly income equals $2,419/mo, and annual cash flow comes to $14,474/yr on $65,969 invested. Return on cash invested is 41.85% in year one, and rental yield stands at 14.59% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 220.44% and total cumulative return in cash reaches $145,422. For financing, Ziffy Mortgage’s DSCR program evaluates $2,419/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
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Listed by: Katie Uei • EXP Realty, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-2047
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