67223 Kinak AveNinilchikAK99639
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 67223 Kinak Ave, Ninilchik, AK, 99639 in Ninilchik. Rental yield 5.86%. At $432,400 with 5.86% gross yield, current distributions are modest, but the 5% appreciation rate projects $119,464 in new equity by year five, complemented by $3,982/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.09) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $130,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.8% |
| Monthly Cash Flow | $(523) | $850 |
City averages based on Ninilchik market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,112 |
| Total Monthly Debt Service | $2,463 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
4.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99639, Ninilchik, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 492 (39.3%) |
| Renter Occupied HU | 81 ( 6.5%) |
| Vacant Housing Units | 680 (54.3%) |
| Median Home Value | $320,833 |
| Average Home Value | $339,248 |
Housing Distribution
Address Breakdown
Residential
49
Single Family
49
Multi-Family
0
Businesses
49
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
Single Family
Built in 1998
4.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99639, Ninilchik, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 492 (39.3%) |
| Renter Occupied HU | 81 ( 6.5%) |
| Vacant Housing Units | 680 (54.3%) |
| Median Home Value | $320,833 |
| Average Home Value | $339,248 |
Housing Distribution
Address Breakdown
Residential
49
Single Family
49
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices