3045 Taxilane BNorth 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 3045 Taxilane B, North Pole, AK, 99705 priced at $575,000 converts $3,734/mo rent into $160/mo cash flow after a $2,814/mo obligation. Total monthly income equals $3,734/mo, and annual cash flow totals $1,920/yr on $189,175 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 7.79% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 109.12% and total cumulative return in cash sums $206,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,734/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.96 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: Rick Hinkey • EXP REALTY, LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #157237
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.