For SaleNeutral Deal1 days on market

5789 Haystack Dr

5789 Haystack Dr, Fairbanks, AK 99712, Fairbanks, AK 99712
$649,900

Listing Price

Property image 1
5789 Haystack Dr, Fairbanks, AK 99712
Loc: Fairbanks, AK
Days Listed
1
Tax Assessed
$362k
Lot Size
4.79 acres
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

Weller Elementary School

PK-5
16.2 mi away
6

Tanana Middle School

6-8
18.8 mi away
5

Lathrop High School

9-12
19.6 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence2009Wood Stove, Radiant Floor, Monitor/Toyo, Fireplace3 Garage spaces4.79 Acres1 Day$298

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.38%
Total ROI
97.5%
Cash Flow
$82/mo
DSCR
1.02
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $82/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.4%)
  • Strong rental demand in Fairbanks
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listed for sale$649,900$298
2022-06-17Sold$0
2022-03-24Listed for sale$449,500$206

Tax History

YearProperty TaxTax Assessment
2025$5,781.66$362,486
2024$5,728.88$358,037
2023$5,645.62$359,012
2022$5,575.68$327,145
2021$5,387.3$295,830
2020$5,218.96$286,346
2018$4,757.14$281,196
2017$3,892.56$278,677
2016$3,892.56$238,080
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,178
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in Fairbanks
+18% vs. list
$
$98,010
75% Rule
Maximum Allowable Offer (MAO)
$477,152

Calculated as (75% × $766,882) − $98,010

Asking Price is $172,748 (26.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $477,152 based on $98,010 in required updates.
Current Asking Price:$649,900
Estimated ARV:$766,882
Estimated Renovation:$98,010
All-In Capital Basis (MAO + Rehab):$575,162
Projected Equity Margin:+$191,720
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 Provenance:[Observed] List Price: $649,900[Estimated] Rent: $5,199/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $190/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.38%

NOI: $41,445/yr

Cash-on-Cash Yield
0.7%

On $149,477 invested

DSCR Ratio
1.02x

Tight qualification

5-Yr Leveraged ROI
+97.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (1.19% of basis)-$359/mo
[Estimated]Homeowner / Hazard Insurance-$190/mo
[Defaulted]Vacancy Reserve (5% of rent)-$260/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$520/mo
[Defaulted]Property Management (8% of rent)-$416/mo
Total Pure Operating Expenses-$1,745/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,199/mo
Less: Operating Expenses-$1,745/mo
Net Operating Income (NOI)+$3,454/mo
Less: Debt Service (30yr @ 6.75%)-$3,372/mo
Net Cash Flow
$82/mo
$979/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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