578 Farmers Loop RdFairbanksAK99712
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 Fairbanks at 578 Farmers Loop Rd, Fairbanks, AK, 99712 priced at $284,000 converts $2,700/mo rent into $969/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $11,630/yr on $94,146 invested. Return on cash invested prints 32.26% in year one, and rental yield reads 11.41% against a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 169.01% and total cumulative return in cash sums $159,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99712, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,215 (100%) |
| Owner Occupied HU | 4,427 (71.2%) |
| Renter Occupied HU | 917 (14.8%) |
| Vacant Housing Units | 871 (14.0%) |
| Median Home Value | $361,676 |
| Average Home Value | $361,652 |
Housing Distribution
Address Breakdown
Residential
4,327
Single Family
4,327
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices