261 Cross WayNorth PoleAK99705
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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 North Pole at 261 Cross Way, North Pole, AK, 99705 earns from $2,178/mo rent with a $2,153/mo payment. Total monthly income totals $2,178/mo. ROI tracks 15.66% on current figures, and rental yield reads 5.94% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 79.97% and total cumulative return in cash sums $116,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,178/mo property income instead of your personal income.
Multi Family
Built in 1983
749.23 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99705, North Pole, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,016 (63.4%) |
| Renter Occupied HU | 2,308 (24.3%) |
| Vacant Housing Units | 1,170 (12.3%) |
| Median Home Value | $322,438 |
| Average Home Value | $338,528 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
7,381
Multi-Family
182
Businesses
297
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Listed by: Jewel Addison • SUMMIT REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #157406
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.