OFF_MARKETRisky Deal1 days on market

60871 Bear Creek Dr

60871 Bear Creek Dr, Homer, AK 99603, Homer, AK 99603
$999,000
Zestimate®:$953,900

Listing Price

Property image 1
60871 Bear Creek Dr, Homer, AK 99603
Loc: Homer, AK
Days Listed
1
Tax Assessed
$1114k
Zestimate®
$954k
Market Rate
Lot Size
1.70 acres
Rent Estimate
$4,510/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
1.7 mi away
10

Homer Middle School

7-8
3.5 mi away
8

Homer High School

9-12
2.3 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
2.55%
Total ROI
2.4%
Cash Flow
$-2,925/mo
DSCR
0.42
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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
2026-08-03Listed for sale$999,000$294
2026-07-12Listing removed$1,000,000$294
2026-04-30Price change$1,000,000$294
2026-03-03Price change$1,080,000$318
2025-07-08Listed for sale$1,100,000$324
2022-03-03Sold$0
2022-01-04Pending sale$875,000$258
2021-07-16Listed for sale$875,000$258
2020-09-14Listing removed$745,000$219
2018-05-25Price change$745,000$219
2017-11-08Listed for sale$795,000$234
2014-08-29Sold$0
2014-03-01Price change$529,000$156
2013-02-08Price change$549,000$162
2012-08-15Listed for sale$599,000$176
2012-01-02Listing removed$629,000$185
2011-02-17Listed for sale$629,000$185

Tax History

YearProperty TaxTax Assessment
2025$7,601.48$1,114,300
2024$6,832.24$948,100
2023$6,158.36$818,100
2022$6,521.28$784,700
2021$6,445.62$759,800
2020$6,782.78$758,700
2019$6,782.78$734,300
2018$5,874.4$707,800
2017$5,662.4$680,600
2016$3,675.08$619,500
2015$3,675.08$530,900
2014$3,675.08$522,300
2013$0$518,500
2012$0$551,700
2011$0$488,600
2010$0$489,800
2009$0$494,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
5
Sq Ft
3,397
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: $999,000Rent Basis: Observed Comp Model ($4,510/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $291/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.49%

NOI: $24,920/yr

Cash-on-Cash Yield
-16.2%

On $229,770 invested

DSCR Ratio
0.40x

Negative debt coverage

5-Yr Leveraged ROI
+13.1%

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)-$1,105/mo
Homeowner / Hazard Insurance-$291/mo
Vacancy Reserve (5% of rent)-$226/mo
Repairs & Maintenance (10% of rent)-$451/mo
Property Management (8% of rent)-$361/mo
Total Pure Operating Expenses-$2,433/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,510/mo
Less: Operating Expenses-$2,433/mo
Net Operating Income (NOI)+$2,077/mo
Less: Debt Service (30yr @ 6.75%)-$5,184/mo
Net Cash Flow
$-3,107/mo
$-37,283/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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60871 Bear Creek Dr | Homer, AK | Haven AI Analysis | Haven by ScoutHavens