515 Long Spur LoopFairbanksAK99709
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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 Fairbanks at 515 Long Spur Loop, Fairbanks, AK, 99709 at $299,000 posts ROI 27.14% with $597/mo cash flow from $2,478/mo rent. Total monthly income equals $2,478/mo, and annual cash flow records $7,169/yr on $99,119 to close. Return on cash invested measures 27.14% and rental yield reads 9.95% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 141.78% and total cumulative return in cash totals $140,530.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,478/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
6,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99709, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,317 (100%) |
| Owner Occupied HU | 7,881 (55.0%) |
| Renter Occupied HU | 4,408 (30.8%) |
| Vacant Housing Units | 2,028 (14.2%) |
| Median Home Value | $333,265 |
| Average Home Value | $352,916 |
Housing Distribution
Address Breakdown
Residential
10,186
Single Family
8,885
Multi-Family
1,301
Businesses
669
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Listed by: Robert Doerning • OP REALTY GROUP
Mls Name: GFMLS
Mls Provider:
Mls ID: #157657
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.