4121 Irene Dr
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Nearby Schools
Educational options and performance ratings in the area.
Scenic Park Elementary School
Nicholas J. Begich Middle School
Bartlett High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At $459,000, this property presents significant cash flow challenges. The reported monthly cash flow of $161.65 is razor-thin, leaving virtually no margin for unforeseen maintenance, vacancy spikes, or capital expenditures common in older, 1954-built homes. While a 6.49% rental yield is acceptable for certain markets, Anchorage exhibits unique economic pressures and maintenance costs related to climate. With such minimal monthly surplus, any minor repair or prolonged vacancy will immediately turn this asset into a negative cash-flowing investment. Investors should carefully evaluate the underlying debt service assumptions and consider if the 4% appreciation forecast is realistic given local economic volatility and interest rate environments.
- • Large square footage providing multi-bedroom utility
- • Reasonable entry price point for the local market
- • Steady demand for family-sized housing in Anchorage
- • Extremely thin cash flow buffer
- • Age of construction (1954) likely requires frequent maintenance
- • High sensitivity to interest rate fluctuations
- • Limited scalability of investment due to low monthly returns
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2011-04-06 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,861.25 | $371,200 |
| 2024 | $5,881.62 | $364,300 |
| 2023 | $5,590.95 | $328,300 |
| 2022 | $5,498.26 | $326,500 |
| 2021 | $0 | $303,000 |
| 2020 | $0 | $297,400 |
| 2019 | $0 | $286,800 |
| 2018 | $0 | $286,800 |
| 2017 | $1,546.11 | $294,400 |
| 2016 | $1,546.11 | $305,800 |
| 2015 | $1,546.11 | $293,800 |
| 2014 | $1,546.11 | $283,200 |
| 2013 | $0 | $263,500 |
| 2012 | $0 | $269,300 |
| 2011 | $0 | $269,500 |
| 2010 | $0 | $268,000 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $24,300/yr
On $105,570 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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