248 Ester DrFairbanksAK99709
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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 248 Ester Dr, Fairbanks, AK, 99709 priced at $210,000 converts $1,488/mo rent into $187/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,488/mo, and annual cash flow totals $2,248/yr on $69,615 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 8.5% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 120.22% and total cumulative return in cash sums $83,692. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1982
1.45 Acres 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: James Zehr • EXP REALTY, LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #156811
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.