47870 Michelle AveSoldotnaAK99669
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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 Soldotna at 47870 Michelle Ave, Soldotna, AK, 99669 uses $58,013 cash to close to unlock $3,792/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,383/mo, and a $857/mo payment keeps the spread at $316/mo. Purchase price stands at $175,000, and rental yield measures 9.48% with $1,383/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 137.75% and total cumulative return in cash records $79,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,383/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1997
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99669, Soldotna, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,621 (100%) |
| Owner Occupied HU | 5,084 (59.0%) |
| Renter Occupied HU | 1,676 (19.4%) |
| Vacant Housing Units | 1,861 (21.6%) |
| Median Home Value | $370,031 |
| Average Home Value | $444,811 |
Housing Distribution
Address Breakdown
Residential
4,734
Single Family
4,672
Multi-Family
62
Businesses
711
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Listed by: Beth Allen • Majors Realty Group, LLC
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-563
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