For SaleExcellent Deal20 days on market
10421 Herman Dr
10421 Herman Dr, Ninilchik, AK 99639, Ninilchik, AK 99639
$117,500
Listing Price
10421 Herman Dr, Ninilchik, AK 99639
Loc: Ninilchik, AK
Days Listed
20
Tax Assessed
$28k
Lot Size
5.10 acres
Rent Estimate
$1,325/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
Ninilchik School
PK-12
6.9 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
cabinrusticmodularwood-sidingmetal-roofgabled-roofremotewoodlandminimalistoff-gridprefabunrefinedoutdoor-storagegravel-driveway
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
9.11%
Total ROI
157.0%
Cash Flow
$283/mo
DSCR
1.46
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $283/mo net cash flow with a 9.1% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (9.1%)
- • Strong rental demand in Ninilchik
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 |
|---|---|---|---|
| 2026-09-04 | Listed for sale | $117,500 | $249 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $242.2 | $28,000 |
| 2024 | $241.96 | $26,300 |
| 2023 | $238.62 | $24,700 |
| 2022 | $248.52 | $24,900 |
| 2021 | $98.76 | $9,700 |
| 2020 | $70.14 | $9,700 |
| 2019 | $70.14 | $15,600 |
| 2018 | $112.8 | $17,100 |
| 2017 | $143.64 | $17,100 |
| 2016 | $102.5 | $17,100 |
| 2015 | $102.5 | $17,100 |
| 2014 | $102.5 | $17,100 |
| 2013 | $0 | $17,100 |
| 2012 | $0 | $14,000 |
| 2011 | $0 | $12,500 |
| 2010 | $0 | $12,500 |
| 2009 | $0 | $12,500 |
| 2008 | $0 | $10,400 |
| 2007 | $0 | $10,400 |
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