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

Steele Creek, AK has a median modeled monthly cash flow of $-1,699 and a median cap rate of 2.0%, on a median sold price of $349,900. Prices changed +1.8% year over year.

What is the average cap rate in Steele Creek, AK?

The median cap rate across recently sold homes in Steele Creek, AK is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Steele Creek, AK?

The median sold price in Steele Creek, AK is $349,900 (about $200 per square foot).

Investing in Steele Creek, AK Real Estate

A data-driven snapshot of the Steele Creek, 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.

$349,900Median sold price

$200Median $/sqft

2.0%Median cap rate

$-1,699Modeled cash flow / mo

+1.8%Appreciation YoY

3.5Months of supply

30Active listings

103Sold (last 12 mo)

What the Steele Creek numbers say

In Steele Creek, AK, the median home sold for $349,900 (about $200 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,699 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 3.5 months of supply — a tight, seller-friendly market. 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 Steele Creek cash-flowing listings

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