For SaleRisky Deal1 days on market

53235 Bell Ave

53235 Bell Ave, Kenai, AK 99611, Kenai, AK 99611

$287,000

Estimate®:$247,100

Listing Price

53235 Bell Ave, Kenai, AK 99611

Loc: Kenai, AK

Days Listed

Tax Assessed

$192k

Estimate®

$247k

Market Rate

Lot Size

2.27 acres

Rent Estimate

$2,046/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.

Nikiski North Star Elementary School

PK-5

2.3 mi away

Nikiski Middle/Senior High School

6-12

3.4 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

ranch stylesingle-storywood sidingcarportflower boxeslarge yardruralwooded settingcozypitched roofresidentialsuburbanexterior lighting

Haven AI Verdict

Recommendation

Risky

Confidence Score: 1/10

Exercise caution due to potential market volatility.

Cap Rate

5.37%

Total ROI

75.6%

Cash Flow

$-205/mo

DSCR

0.86

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-205/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Kenai, 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	$287,000	$257

Tax History

Year	Property Tax	Tax Assessment
2025	$1,283.02	$192,400
2024	$1,285.44	$178,800
2023	$1,136.02	$162,700
2022	$1,048.58	$152,700
2021	$1,005	$150,400
2020	$943.94	$144,300
2019	$943.94	$148,000
2018	$980.98	$140,800
2017	$908.92	$145,300
2016	$1,062.6	$144,100
2015	$1,062.6	$133,100
2014	$1,062.6	$120,100
2013	$0	$119,700
2012	$0	$119,400
2011	$0	$125,000
2010	$0	$115,300
2009	$0	$119,400
2008	$0	$115,700
2007	$0	$105,900
2006	$0	$95,000
2005	$0	$90,900

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

1,116

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 3b/1ba in Kenai

+18% vs. list

Rehab Budget & Scope (1,116 sq ft)$50,220

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$203,775

Calculated as (75% × $338,660) − $50,220

Asking Price is $83,225 (29.0%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $203,775 based on $50,220 in required updates.

Current Asking Price:$287,000

Estimated ARV:$338,660

Estimated Renovation:$50,220

All-In Capital Basis (MAO + Rehab):$253,995

Projected Equity Margin:+$84,665

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: $287,000[Observed] Rent: $2,046/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

5.37%

NOI: $15,415/yr

Cash-on-Cash Yield

-3.7%

On $66,010 invested

DSCR Ratio

0.86x

Negative debt coverage