2809 W 2nd AveNorth 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
Total monthly income runs $2,280/mo, and a $2,398/mo payment. Purchase price stands at $489,900, and rental yield measures 5.58% with $2,280/mo rent. Return on cash invested shows 14.69% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 74.77% and total cumulative return in cash records $121,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.50 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: Ted A Hedgecock • HEDGECOCK GROUP REAL ESTATE, LLC
Mls Name: GFMLS
Mls ID: #158944