2883 Buzby Rd LOT 3North 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 2883 Buzby Rd LOT 3, North Pole, AK, 99705 listed at $159,900 pairs $1,235/mo rent with a $783/mo payment to leave $260/mo cash flow. Total monthly income runs $1,235/mo, and annual cash flow reaches $3,121/yr on $53,007 cash to close. Return on cash invested measures 25.8% in year one, and rental yield registers 9.27% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 134.37% and total cumulative return in cash totals $71,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,235/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
1.10 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: Jerry Koerner • JERIKO REAL ESTATE
Mls Name: GFMLS
Mls ID: #159043