No Road Skwentna · Skwentna, AK 99667

$140,000

3 bd · 1.5 ba · 1,800 sqft · SingleFamily · 72 Days on market

Built 1985 Poor condition 5.00 ac lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.7/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Appreciation +5.0/10.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Livability +2.1/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

Off-grid living with easy fly-in access! Just a short dirt road from state maintained Skwentna Airport with mail plane service twice weekly--ship groceries from Fred Meyer right to you. Near the Yentna River, a popular winter trail and summer route, plus the famous Iditarod and Iron Dog trail. Hunt and trap right from your cabin! Don't miss thechance to own your piece of Alaska!

Key facts

• Off-grid living
• Iron dog trail
• Fly-in access

Tags

• OFF-GRID LIVING
• FLY-IN ACCESS
• YENTNA RIVER
• IDITAROD TRAIL
• IRON DOG TRAIL

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $189 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 41/100 on livability (#303 in AK) — a working-class tenant base; expect higher turnover. Strengths: crime A; Watch: health & safety C-, amenities F, commute F.
• Matanuska-Susitna Borough School District (town): math 42% / reading 50% proficiency, ranked #5 of 21 in AK (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 27 active listings in the ZIP; 91 units permitted in Matanuska-Susitna Borough in 2024 (25 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($968 loan paydown + $4k appreciation (3.0% local appreciation)).
• Matanuska-Susitna County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

Recommended offer $131,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 7.91%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.9%
• Equity multiple: 1.74×
• Total profit: $28,936
• Equity at exit: $62,950

10-year hold

• IRR: 14.9%
• Equity multiple: 3.20×
• Total profit: $86,176
• Equity at exit: $97,014

Cash invested: $39,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 80 Strongly Landlord-Friendly
• State Alaska: 80 Strongly Landlord-Friendly · R+8
• County: — inherits STATE
• City: — inherits STATE

30-day notice; security deposits capped; courts moderate-paced.

Methodology + full state rankings →

ZIP-level market 99667

• Active inventory: 27
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,464 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $189

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 82%

Sensitivity live

Price	-10% $286	-5% $238	+0% $189	+5% $141	+10% $92
Rent	-10% $74	-5% $131	+0% $189	+5% $247	+10% $305
Rate	-1.0pp $260	-0.5pp $225	base $189	+0.5pp $153	+1.0pp $116

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-06-02
   status $140,000 Pending 72 DOM
2. 2026-06-01
   days on market $140,000 Active 72 DOM
3. 2026-05-31
   days on market $140,000 Active 71 DOM
4. 2026-05-30
   days on market $140,000 Active 70 DOM
5. 2026-03-21
   listed $150,000 Active 381-char remark

   Show marketing remark (381 chars)

   Off-grid living with easy fly-in access! Just a short dirt road from state maintained Skwentna Airport with mail plane service twice weekly--ship groceries from Fred Meyer right to you. Near the Yentna River, a popular winter trail and summer route, plus the famous Iditarod and Iron Dog trail. Hunt and trap right from your cabin! Don't miss thechance to own your piece of Alaska!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $17,570
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$1,406
• − Management: −$1,406
• − Depreciation: −$4,073
• Taxable income: $44
• Est. tax owed @ 24.0%: −$11
• After-tax cash flow: $2,260/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs, including a new roof and exterior siding, to become move-in ready. Immediate action is needed to address the critical safety and structural issues.

Repairs flagged

• Major roof — Signs of damage and snow accumulation
• Major exterior siding — Worn and weathered
• Major deck flooring — Worn and damaged

Value-add opportunities

• Both Replace roof — Critical safety and structural issue
• Both Repair and paint exterior siding — Enhances curb appeal and value
• Both Replace deck flooring — Improves safety and usability

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Signs of damage and snow accumulation	Major	$15,000–50,000
exterior siding · Worn and weathered	Major	$15,000–50,000
deck flooring · Worn and damaged	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both Replace roof — Critical safety and structural issue ↑
• Both Repair and paint exterior siding — Enhances curb appeal and value ↑
• Both Replace deck flooring — Improves safety and usability ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Matanuska-Susitna Borough School District
• NCES district ID: 0200510
• Math proficiency: 42% ▲ 1.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $70,325
• Composite: 41.38/100
• National rank: #3484
• State rank: #5 of 21 in AK

Livability — Skwentna

• Score: 41/100
• State rank: #303
• US rank: #27117

Category grades

Amenities F Commute F Cost of living C+ Crime A Employment F Housing F Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Skwentna, AK
• Population (ZIP): 152

Population outlook (Matanuska-Susitna County) Hauer SSP2

• Today (2025): 126,730 people
• By 2030: 139,641 · +10.2%
• By 2040: 165,122 · +30.3%
• By 2050: 189,697 · +49.7%
• By 2075: 249,959 · +97.2%
• By 2100: 288,077 · +127.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 5% Native American 5%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 9% Lithuanian 5% Portuguese 2%
• Foreign-born: 5% · Canada
• Languages at home: 85% English-only · Spanish 6% French/Haitian/Cajun 5%

Political lean MEDSL · Matanuska-Susitna

• 2016 margin: R (+15.2) · D 37.7% · R 52.9% · Other 9.4%
• All cycles: 2016: R+15.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-03-21 Listed $150,000 AKMLS