For SaleRisky Deal1 days on market

4741 Mars Dr

4741 Mars Dr, Anchorage, AK 99507, Anchorage, AK 99507

$1,200,000

Estimate®:$1,159,900

Listing Price

4741 Mars Dr, Anchorage, AK 99507

Loc: Anchorage, AK

Days Listed

Tax Assessed

$800k

Estimate®

$1160k

Market Rate

Lot Size

0.40 acres

Rent Estimate

$3,365/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.

Trailside Elementary School

PK-6

0.3 mi away

Hanshew Middle School

6-8

1.4 mi away

Service High School

9-12

0.5 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

suburbantwo-storylarge wooden deckstaircasebackyardmountain viewresidentialgable roofsidingspaciousexterior lightinglandscapedserenedeck stairs

Haven AI Verdict

Recommendation

Risky

Confidence Score: 5/10

Exercise caution due to potential market volatility.

Cap Rate

1.45%

Total ROI

-9.7%

Cash Flow

$-4,779/mo

DSCR

0.23

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-4,779/mo net cash flow with a 1.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Anchorage, 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

Date	Event	Price	Price/sqft
2026-09-15	Listed for sale	$1,200,000	$247
2013-09-27	Sold	$0	–

Tax History

Year	Property Tax	Tax Assessment
2025	$12,635.16	$800,200
2024	$11,960.22	$740,800
2023	$11,525.9	$676,800
2022	$10,722.03	$636,700
2021	$0	$602,600
2020	$0	$592,100
2019	$0	$583,000
2018	$0	$583,000
2017	$7,887.76	$588,000
2016	$7,887.76	$605,600
2015	$7,887.76	$575,900
2014	$7,887.76	$575,700
2013	$0	$565,400
2012	$0	$526,600
2011	$0	$533,500
2010	$0	$478,700

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

4,850

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.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 6b/4ba in Anchorage

+18% vs. list

Rehab Budget & Scope (4,850 sq ft)$218,250

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$843,750

Calculated as (75% × $1,416,000) − $218,250

Asking Price is $356,250 (29.7%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $843,750 based on $218,250 in required updates.

Current Asking Price:$1,200,000

Estimated ARV:$1,416,000

Estimated Renovation:$218,250

All-In Capital Basis (MAO + Rehab):$1,062,000

Projected Equity Margin:+$354,000

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: $1,200,000[Observed] Rent: $3,365/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $350/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

1.45%

NOI: $17,370/yr

Cash-on-Cash Yield

-20.8%

On $276,000 invested

DSCR Ratio

0.23x

Negative debt coverage