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

South Lakes, AK has a median modeled monthly cash flow of $-1,490 and a median cap rate of 3.0%, on a median sold price of $429,900. Prices changed +10.9% year over year.

What is the average cap rate in South Lakes, AK?

The median cap rate across recently sold homes in South Lakes, AK is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in South Lakes, AK?

The median sold price in South Lakes, AK is $429,900 (about $255 per square foot).

Investing in South Lakes, AK Real Estate

A data-driven snapshot of the South Lakes, 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.

$429,900Median sold price

$255Median $/sqft

3.0%Median cap rate

$-1,490Modeled cash flow / mo

+10.9%Appreciation YoY

7.0Months of supply

35Active listings

60Sold (last 12 mo)

What the South Lakes numbers say

In South Lakes, AK, the median home sold for $429,900 (about $255 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,490 of monthly cash flow. Sold prices moved +10.9% over the past year. Inventory sits at about 7.0 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 South Lakes cash-flowing listings

CashFlowRE ranks every for-sale home in South Lakes, 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 South Lakes deals, or browse the national market data.