369 Park WayNorth PoleAK99705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 369 Park Way, North Pole, AK, 99705 at $329,900 posts ROI 18.34% with from $1,868/mo rent. Total monthly income equals $1,868/mo. Return on cash invested measures 18.34% and rental yield reads 6.79% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 94.35% and total cumulative return in cash totals $103,179. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1977
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meghan Mclaughlin • OP REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #157926
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.