870 Refinery LoopNorth PoleAK99705
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 870 Refinery Loop, North Pole, AK, 99705 in North Pole is narrow, $190/mo net on $1,628/mo rent after the $1,061/mo debt service, but the property operates at break-even-plus, not a loss. At $235,900 with a 8.28% yield, the long-run equity case via 5% appreciation ($65,175 over five years) and $2,173/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $101,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.2% |
| Monthly Cash Flow | $190 | $450 |
City averages based on North Pole market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,628 |
| Total Monthly Debt Service | $1,344 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1996
6,460 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99705, North Pole, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,016 (63.4%) |
| Renter Occupied HU | 2,308 (24.3%) |
| Vacant Housing Units | 1,170 (12.3%) |
| Median Home Value | $322,438 |
| Average Home Value | $338,528 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
7,381
Multi-Family
182
Businesses
297
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 1996
6,460 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99705, North Pole, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 6,016 (63.4%) |
| Renter Occupied HU | 2,308 (24.3%) |
| Vacant Housing Units | 1,170 (12.3%) |
| Median Home Value | $322,438 |
| Average Home Value | $338,528 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
7,381
Multi-Family
182
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rich Harter • ALASKA LIFE REALTY
Mls Name: GFMLS
Mls ID: #158924