513 Peninsula AveKenaiAK99611
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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 Kenai at 513 Peninsula Ave, Kenai, AK, 99611 with 5% annual appreciation on a $299,000 basis while $1,733/mo rent supports operations. 83% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 6.96%. Five-year ROI measures 96.98% and total cumulative return in cash totals $96,130. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,733/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99611, Kenai, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,113 (100%) |
| Owner Occupied HU | 4,805 (59.2%) |
| Renter Occupied HU | 1,937 (23.9%) |
| Vacant Housing Units | 1,371 (16.9%) |
| Median Home Value | $331,996 |
| Average Home Value | $373,209 |
Housing Distribution
Address Breakdown
Residential
4,555
Single Family
4,424
Multi-Family
131
Businesses
606
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Nearby investment properties with comparable prices
Listed by: Amy Rezza • Berkshire Hathaway HomeServices Alaska Realty
Mls Name: AKMLS
Mls Provider:
Mls ID: #24-13148
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