For SaleRisky Deal1 days on market

3875 E End Rd

3875 E End Rd, Homer, AK 99603, Homer, AK 99603
$820,000
Zestimate®:$733,800

Listing Price

Property image 1
3875 E End Rd, Homer, AK 99603
Loc: Homer, AK
Days Listed
1
Tax Assessed
$667k
Zestimate®
$734k
Market Rate
Lot Size
2.00 acres
Rent Estimate
$4,341/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.

5

McNeil Canyon Elementary School

K-6
7.9 mi away
10

Homer Middle School

7-8
4.7 mi away
8

Homer High School

9-12
3.6 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 Residence2021Natural Gas, Other, Radiant Floor, Wood StoveNo Garage, No Carport2 Acres1 Day$162

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.57%
Total ROI
36.5%
Cash Flow
$-1,813/mo
DSCR
0.57
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,813/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Homer, AK
  • Long-term capital appreciation corridor
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$820,000$162
2024-04-19Sold$0
2024-02-12Pending sale$649,000$128
2024-01-22Price change$649,000$128
2023-10-14Listed for sale$699,000$138
2021-02-15Sold$0
2020-09-07Pending sale$120,000$24
2020-08-27Price change$120,000$24
2020-06-24Price change$130,000$26
2020-04-12Listed for sale$145,000$29

Tax History

YearProperty TaxTax Assessment
2025$6,545.24$667,200
2024$5,865.22$608,500
2023$4,997.68$495,300
2022$4,152.18$407,400
2021$1,434.58$125,400
2020$1,420.84$124,200
2019$1,420.84$123,700
2018$1,422.56$115,300
2017$1,325.96$106,400
2016$762.76$53,300
2015$762.76$53,200
2014$762.76$53,200
2013$0$53,200
2012$0$53,200
2011$0$67,500
2010$0$67,500
2009$0$67,500
2008$0$64,100
2007$0$49,400
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
9
Baths
8
Sq Ft
5,067
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 9b/8ba in Homer
+18% vs. list
$
$228,015
75% Rule
Maximum Allowable Offer (MAO)
$497,685

Calculated as (75% × $967,600) − $228,015

Asking Price is $322,315 (39.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $497,685 based on $228,015 in required updates.
Current Asking Price:$820,000
Estimated ARV:$967,600
Estimated Renovation:$228,015
All-In Capital Basis (MAO + Rehab):$725,700
Projected Equity Margin:+$241,900
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: $820,000[Observed] Rent: $4,341/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $239/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.57%

NOI: $29,303/yr

Cash-on-Cash Yield
-11.5%

On $188,600 invested

DSCR Ratio
0.57x

Negative debt coverage

5-Yr Leveraged ROI
+36.5%

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)-$662/mo
[Estimated]Homeowner / Hazard Insurance-$239/mo
[Defaulted]Vacancy Reserve (5% of rent)-$217/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$434/mo
[Defaulted]Property Management (8% of rent)-$347/mo
Total Pure Operating Expenses-$1,899/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,341/mo
Less: Operating Expenses-$1,899/mo
Net Operating Income (NOI)+$2,442/mo
Less: Debt Service (30yr @ 6.75%)-$4,255/mo
Net Cash Flow
$-1,813/mo
$-21,754/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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