53315 Foley DrKenaiAK99611
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 Kenai at 53315 Foley Dr, Kenai, AK, 99611 generates $2,488/mo in rent, after a $2,230/mo payment. Total monthly income is $2,488/mo. Return on cash invested sits at 17.61% in year one, and rental yield is 6.55% on a $455,700 entry. Equity gained on principal adds $2,941/yr, while 5% annual appreciation builds toward $125,902 over five years. Five-year ROI reaches 90.43% and total cumulative return in cash sums $136,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.17 Acres 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: Melanie Leete • Elite Real Estate Group Soldotna Branch
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-2892
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