L11 Bluff RdHomerAK99603
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider L11 Bluff Rd, Homer, AK, 99603 in Homer. Rental yield 0%. At $100,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $27,628 in new equity by year five, complemented by $921/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.8% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Homer market data in our database. Property projections are estimates.
Lot
Built in N/A
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Lot
Built in N/A
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices