872 Ridge Loop RdNorth PoleAK99705
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
Investment property for sale in North Pole at 872 Ridge Loop Rd, North Pole, AK, 99705 uses $119,307 cash to close to unlock $961/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,762/mo payment keeps the spread at $80/mo. Purchase price stands at $359,900, and rental yield measures 7.58% with $2,274/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 107.07% and total cumulative return in cash records $127,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Multi Family
Built in 1975
0.70 Acres 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: Gary Gallemore • WALDEN HOME GROUP
Mls Name: GFMLS
Mls ID: #159300