917 9th AveFairbanksAK99701
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 917 9th Ave, Fairbanks, AK, 99701 generates $2,368/mo in rent and, after a $1,346/mo payment, leaves $520/mo in cash flow. Total monthly income is $2,368/mo, and annual cash flow is $6,236/yr on $91,163 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 10.33% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 140.23% and total cumulative return in cash sums $127,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99701, Fairbanks, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,136 (100%) |
| Owner Occupied HU | 3,240 (35.5%) |
| Renter Occupied HU | 4,501 (49.3%) |
| Vacant Housing Units | 1,395 (15.3%) |
| Median Home Value | $274,760 |
| Average Home Value | $285,853 |
Housing Distribution
Address Breakdown
Residential
7,371
Single Family
5,815
Multi-Family
1,556
Businesses
1,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Bent • MAGNETIC NORTH REALTY LLC
Mls Name: GFMLS
Mls Provider:
Mls ID: #156950
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.