470 Sternwheeler DrNorth 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
Rental property for sale in North Pole at 470 Sternwheeler Dr, North Pole, AK, 99705 priced at $334,900 pairs $2,280/mo rent with $239/mo cash flow after a $1,639/mo payment. Total monthly income equals $2,280/mo, and annual cash flow comes to $2,869/yr on $111,019 invested. Return on cash invested is 22.49% in year one, and rental yield stands at 8.17% on a $334,900 basis. Equity gained on principal adds $2,161/yr, and 5% annual appreciation accumulates to $92,527 by year five. Five-year ROI measures 116.61% and total cumulative return in cash reaches $129,457. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $1,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
1.81 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: Zeb Mabie • SUMMIT REALTY GROUP
Mls Name: GFMLS
Mls ID: #158268