Is Kenai, AK a good place to invest in rental property?

Kenai, AK has a median modeled monthly cash flow of $-844 and a median cap rate of 3.7%, on a median sold price of $325,000. Prices changed +3.4% year over year.

What is the average cap rate in Kenai, AK?

The median cap rate across recently sold homes in Kenai, AK is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kenai, AK?

The median sold price in Kenai, AK is $325,000 (about $246 per square foot).

Investing in Kenai, AK Real Estate

A data-driven snapshot of the Kenai, AK rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$325,000Median sold price

$246Median $/sqft

3.7%Median cap rate

$-844Modeled cash flow / mo

+3.4%Appreciation YoY

5.7Months of supply

69Active listings

146Sold (last 12 mo)

What the Kenai numbers say

In Kenai, AK, the median home sold for $325,000 (about $246 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-844 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alaska markets to compare

See Kenai cash-flowing listings

CashFlowRE ranks every for-sale home in Kenai, AK by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Kenai deals, or browse the national market data.