OFF_MARKETRisky Deal2 days on market

5465 Clearwater Dr

5465 Clearwater Dr, Homer, AK 99603, Homer, AK 99603
$449,000
Zestimate®:$451,200$2,200 Under Market

Listing Price

Property image 1
5465 Clearwater Dr, Homer, AK 99603
Loc: Homer, AK
Days Listed
2
Tax Assessed
$363k
Zestimate®
$451k
0% Under Valued
Lot Size
4.98 acres
Rent Estimate
$1,478/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

N/A

Paul Banks Elementary School

PK-2
1.3 mi away
10

Homer Middle School

7-8
2.4 mi away
8

Homer High School

9-12
1.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.30%
Total ROI
6.2%
Cash Flow
$-1,035/mo
DSCR
0.54
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-04Sold$0
2026-04-23Pending sale$449,000$442
2026-04-15Listed for sale$449,000$442
2013-08-13Sold$0

Tax History

YearProperty TaxTax Assessment
2025$941.46$363,400
2024$767.7$340,600
2023$569.26$296,500
2022$498.16$280,700
2021$444.16$268,700
2020$439.2$267,600
2019$439.2$196,700
2018$2,262.06$40,000
2017$460$39,400
2016$631.68$38,000
2015$631.68$38,000
2014$631.68$38,000
2013$0$38,000
2012$0$38,000
2011$0$55,900
2010$0$55,900
2009$0$55,900
2008$0$53,000
2007$0$40,800
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
1,016
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $449,000Rent Basis: Observed Comp Model ($1,478/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $131/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.73%

NOI: $7,760/yr

Cash-on-Cash Yield
-19.6%

On $103,270 invested

DSCR Ratio
0.28x

Negative debt coverage

5-Yr Leveraged ROI
+-3.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.19% of basis)-$360/mo
Homeowner / Hazard Insurance-$131/mo
Vacancy Reserve (5% of rent)-$74/mo
Repairs & Maintenance (10% of rent)-$148/mo
Property Management (8% of rent)-$118/mo
Total Pure Operating Expenses-$831/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,478/mo
Less: Operating Expenses-$831/mo
Net Operating Income (NOI)+$647/mo
Less: Debt Service (30yr @ 6.75%)-$2,330/mo
Net Cash Flow
$-1,683/mo
$-20,197/year
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