OFF_MARKETRisky Deal0 days on market

1965 N Kentucky Derby Dr

1965 N Kentucky Derby Dr, Palmer, AK 99645, Palmer, AK 99645
$458,000
Zestimate®:$457,200

Listing Price

Property image 1
1965 N Kentucky Derby Dr, Palmer, AK 99645
Loc: Palmer, AK
Days Listed
0
Tax Assessed
$334k
Zestimate®
$457k
Market Rate
Lot Size
0.53 acres
Rent Estimate
$2,602/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

Swanson Elementary School

PK-2
2.3 mi away
7

Palmer Middle School

6-8
2 mi away
4

Palmer High School

9-12
1 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
5.00%
Total ROI
14.7%
Cash Flow
$-408/mo
DSCR
0.82
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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
2026-09-01Listed for sale$458,000$329
2026-06-20Listing removed$460,000$330
2026-05-08Price change$460,000$330
2026-04-18Price change$470,000$338
2026-04-03Listed for sale$480,000$345
2024-10-11Sold$0
2024-09-20Pending sale$459,900$330
2024-09-12Price change$459,900$330
2024-09-01Listed for sale$474,900$341
2001-10-31Sold$0

Tax History

YearProperty TaxTax Assessment
2025$3,669.76$334,100
2024$3,075.24$272,000
2023$2,905.58$264,000
2022$274.11$23,700
2021$0$217,500
2020$0$206,100
2019$0$201,600
2018$0$201,300
2017$185.19$200,200
2016$185.19$203,100
2015$185.19$198,500
2014$185.19$188,400
2013$0$184,500
2012$0$183,900
2011$0$181,500
2010$0$174,800
2009$0$172,200
2008$0$180,800
2007$0$186,000
2006$0$174,100
2005$0$154,700
2004$0$137,800
2003$0$135,600
2002$0$133,300
2001$0$125,500
2000$0$124,300
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,392
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: $458,000Rent Basis: Observed Comp Model ($2,602/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $134/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.03%

NOI: $18,459/yr

Cash-on-Cash Yield
-9.5%

On $105,340 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+46.5%

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)-$331/mo
Homeowner / Hazard Insurance-$134/mo
Vacancy Reserve (5% of rent)-$130/mo
Repairs & Maintenance (10% of rent)-$260/mo
Property Management (8% of rent)-$208/mo
Total Pure Operating Expenses-$1,064/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,602/mo
Less: Operating Expenses-$1,064/mo
Net Operating Income (NOI)+$1,538/mo
Less: Debt Service (30yr @ 6.75%)-$2,376/mo
Net Cash Flow
$-838/mo
$-10,059/year
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