2713 Scotch Pine DrNorth 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
Rental property for sale in North Pole at 2713 Scotch Pine Dr, North Pole, AK, 99705 priced at $359,900 converts $2,887/mo rent into $660/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,887/mo, and annual cash flow totals $7,925/yr on $119,307 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.63% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 138.48% and total cumulative return in cash sums $165,218. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,887/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1983
1.11 Acres 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: Whitney Malin • POWERED BY LYMBURNER REALTY
Mls Name: GFMLS
Mls Provider:
Mls ID: #155628
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.