For SaleExcellent Deal11 days on market

15705 W Hess Ln

15705 W Hess Ln, Wasilla, AK 99623, Wasilla, AK 99623
$119,000
Zestimate®:$248,100$129,100 Under Market

Listing Price

Property image 1
15705 W Hess Ln, Wasilla, AK 99623
Loc: Wasilla, AK
Days Listed
11
Tax Assessed
$44k
Zestimate®
$248k
52% Under Valued
Lot Size
0.45 acres
Rent Estimate
$2,360/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

Big Lake Elementary School

PK-5
2.9 mi away
4

Houston Middle School

6-8
2.5 mi away
4

Houston High School

9-12
2.6 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 Residence2000NoneNo Garage, No Carport0.45 Acres11 Days$68

Haven AI Verdict

Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
16.88%
Total ROI
325.8%
Cash Flow
$1,056/mo
DSCR
2.71
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $1,056/mo net cash flow with a 16.9% cap rate. Underwriting indicates excellent fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (16.9%)
  • Strong rental demand in Wasilla
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
2026-09-05Listed for sale$119,000$68

Tax History

YearProperty TaxTax Assessment
2025$602.57$43,700
2024$606.48$43,700
2023$565.73$42,700
2022$542.81$39,200
2021$536.1$35,400
2020$911.22$58,400
2019$872.96$55,500
2018$871.65$55,700
2017$749.6$54,400
2016$749.6$55,300
2015$749.6$53,500
2014$749.6$51,300
2013$0$51,300
2012$0$50,100
2011$0$48,900
2010$0$51,500
2009$0$51,500
2008$0$93,700
2007$0$93,700
2006$0$92,000
2005$0$86,200
2004$0$70,300
2003$0$62,300
2002$0$60,500
2001$0$59,600
2000$0$3,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,752
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 4b/2ba in Wasilla
+18% vs. list
$
$78,840
75% Rule
Maximum Allowable Offer (MAO)
$26,475

Calculated as (75% × $140,420) − $78,840

Asking Price is $92,525 (77.8%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $26,475 based on $78,840 in required updates.
Current Asking Price:$119,000
Estimated ARV:$140,420
Estimated Renovation:$78,840
All-In Capital Basis (MAO + Rehab):$105,315
Projected Equity Margin:+$35,105
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: $119,000[Observed] Rent: $2,360/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
16.88%

NOI: $20,086/yr

Cash-on-Cash Yield
46.3%

On $27,370 invested

DSCR Ratio
2.71x

Prime loan qualification

5-Yr Leveraged ROI
+325.8%

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)-$43/mo
[Estimated]Homeowner / Hazard Insurance-$100/mo
[Defaulted]Vacancy Reserve (5% of rent)-$118/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$236/mo
[Defaulted]Property Management (8% of rent)-$189/mo
Total Pure Operating Expenses-$686/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,360/mo
Less: Operating Expenses-$686/mo
Net Operating Income (NOI)+$1,674/mo
Less: Debt Service (30yr @ 6.75%)-$617/mo
Net Cash Flow
$1,056/mo
$12,677/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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15705 W Hess Ln | Wasilla, AK | Haven AI Analysis | Haven by ScoutHavens