OFF_MARKETRisky Deal58 days on market

51154 Polaris Way

51154 Polaris Way, Kenai, AK 99611, Kenai, AK 99611
$565,665
Zestimate®:$556,600

Listing Price

Property image 1
51154 Polaris Way, Kenai, AK 99611
Loc: Kenai, AK
Days Listed
58
Tax Assessed
$276k
Zestimate®
$557k
Market Rate
Lot Size
0.92 acres
Rent Estimate
$2,857/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.

8

Mt. View Elementary School

PK-5
4.7 mi away
6

Kenai Middle School

6-8
3.9 mi away
6

Kenai Central High School

9-12
3.7 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
3.85%
Total ROI
8.9%
Cash Flow
$-1,047/mo
DSCR
0.63
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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
2026-09-01Price change$565,665$355
2026-07-17Price change$577,210$363
2026-06-10Listed for sale$586,000$368
2026-06-04Listing removed$599,000$376
2026-05-12Price change$599,000$376
2026-04-18Listed for sale$602,000$378
2016-09-12Listing removed$265,000$166
2016-05-16Listed for sale$265,000$166

Tax History

YearProperty TaxTax Assessment
2025$0$275,600
2024$0$266,400
2023$0$253,400
2022$1,151.28$238,500
2021$926.44$209,200
2020$988.26$216,100
2019$988.26$229,000
2018$1,104.4$221,500
2017$1,036.66$218,200
2016$1,432.12$206,600
2015$1,432.12$187,600
2014$1,432.12$173,100
2013$0$175,100
2012$0$172,700
2011$0$191,100
2010$0$186,000
2009$0$186,900
2008$0$174,900
2007$0$150,800
2006$0$131,300
2005$0$127,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,592
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: $565,665Rent Basis: Observed Comp Model ($2,857/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $165/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.74%

NOI: $21,139/yr

Cash-on-Cash Yield
-10.8%

On $130,103 invested

DSCR Ratio
0.60x

Negative debt coverage

5-Yr Leveraged ROI
+40.1%

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)-$273/mo
Homeowner / Hazard Insurance-$165/mo
Vacancy Reserve (5% of rent)-$143/mo
Repairs & Maintenance (10% of rent)-$286/mo
Property Management (8% of rent)-$229/mo
Total Pure Operating Expenses-$1,095/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,857/mo
Less: Operating Expenses-$1,095/mo
Net Operating Income (NOI)+$1,762/mo
Less: Debt Service (30yr @ 6.75%)-$2,935/mo
Net Cash Flow
$-1,174/mo
$-14,082/year
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