OFF_MARKETRisky Deal3 days on market

37673 Midway Dr

37673 Midway Dr, Sterling, AK 99672, Sterling, AK 99672
$1,100,000
Zestimate®:$1,041,600

Listing Price

Property image 1
37673 Midway Dr, Sterling, AK 99672
Loc: Sterling, AK
Days Listed
3
Tax Assessed
$797k
Zestimate®
$1042k
Market Rate
Lot Size
1.66 acres
Rent Estimate
$2,635/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.

6

Sterling Elementary School

PK-6
2 mi away
5

Soldotna Middle School

7-8
13.2 mi away
7

Connections Homeschool

PK-12
11.4 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
1.61%
Total ROI
-2.3%
Cash Flow
$-4,087/mo
DSCR
0.27
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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
2026-06-26Listed for sale$1,100,000$437

Tax History

YearProperty TaxTax Assessment
2025$6,460.44$796,600
2024$6,662.36$746,900
2023$6,164.62$691,100
2022$4,992.34$569,900
2021$5,171.72$577,200
2020$5,126.02$572,100
2019$5,126.02$586,500
2018$5,255.06$574,900
2017$5,151.12$632,300
2016$5,135$576,200
2015$5,135$549,100
2014$5,135$531,000
2013$0$549,000
2012$0$609,400
2011$0$613,500
2010$0$506,100
2009$0$509,300
2008$0$481,100
2007$0$366,700
2006$0$352,700
2005$0$273,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,520
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: $1,100,000Rent Basis: Observed Comp Model ($2,635/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $321/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.00%

NOI: $11,016/yr

Cash-on-Cash Yield
-22.7%

On $253,000 invested

DSCR Ratio
0.16x

Negative debt coverage

5-Yr Leveraged ROI
+-19.4%

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)-$790/mo
Homeowner / Hazard Insurance-$321/mo
Vacancy Reserve (5% of rent)-$132/mo
Repairs & Maintenance (10% of rent)-$264/mo
Property Management (8% of rent)-$211/mo
Total Pure Operating Expenses-$1,717/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,635/mo
Less: Operating Expenses-$1,717/mo
Net Operating Income (NOI)+$918/mo
Less: Debt Service (30yr @ 6.75%)-$5,708/mo
Net Cash Flow
$-4,790/mo
$-57,476/year
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