716 N Bliss St · Anchorage, AK 99508

$99,000

2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 123 Days on market

Built 1947 6,250 sqft lot $106/sqft · 69% below area

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• Rent growth +3.7/5.0
• Schools +3.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fixer Upper home in Mountain View. As-is sale. Seller will not make any repairs. Cash only.

Key facts

• 6,250 sq ft lot
• Built 1947
• Listed 123 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $457 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 3.8% in Anchorage — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#6 in AK, #2,553 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• Anchorage School District (urban): math 37% / reading 43% proficiency, ranked #6 of 21 in AK (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.9%/yr); 147 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 306 units permitted in Anchorage Municipality in 2024 (90 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Anchorage County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 123 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 25y ago; this cycle's ask has dropped $21k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 123 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.54% ✓
• Cap rate: 11.83%
• Cash-on-cash: 19.77%
• DSCR: 1.88
• GRM: 5.4

CMA / ARV

• ARV (median comp): $295,309
• List price: $99,000
• Delta: -66.48%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
425 N Bunn St	0.20mi	2/1.0	894 (-4%)	12mo	$228,500	$256	73
832 N Hoyt St	0.20mi	3/2.0 (+1)	960 (+3%)	11mo	$235,000	$245	68
419 Irwin St	0.50mi	2/1.0	912 (-3%)	6mo	$144,700	$159	68
636 N Lane St	0.08mi	3/1.0 (+1)	1,040 (+11%)	12mo	$295,000	$284	63
602 Mumford St	0.63mi	2/1.0	876 (-6%)	6mo	$99,888	$114	55
201 Bunn St	0.55mi	3/1.5 (+1)	1,008 (+8%)	10mo	$299,000	$297	46
4618 E 3rd Ave	0.68mi	2/1.0	1,012 (+8%)	16mo	$275,500	$272	42
309 N Mumford St	0.64mi	3/1.0 (+1)	1,040 (+11%)	8mo	$260,000	$250	40
258 Bunn St	0.62mi	3/1.0 (+1)	1,040 (+11%)	18mo	$329,900	$317	32
3623 Peterkin Ave	0.62mi	3/1.0 (+1)	1,066 (+14%)	13mo	$289,000	$271	32
317 N Mumford St	0.65mi	3/1.0 (+1)	1,040 (+11%)	21mo	$255,000	$245	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.88% rent growth · sell at horizon

5-year hold

• IRR: 14.1%
• Equity multiple: 1.58×
• Total profit: $16,045
• Equity at exit: $14,761

10-year hold

• IRR: 24.4%
• Equity multiple: 3.32×
• Total profit: $64,220
• Equity at exit: $8,560

Cash invested: $27,720 (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 99508

• Rents YoY: 4.9%
• Active inventory: 147
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,527 high
• Mortgage (P&I): −$519
• Tax from tax record: −$189 /mo · $2,267/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $457

Break-even live

Break-even rent $949

Max offer price $99,000

Occupancy floor 65%

Sensitivity live

Price	-10% $513	-5% $485	+0% $457	+5% $429	+10% $401
Rent	-10% $336	-5% $396	+0% $457	+5% $517	+10% $577
Rate	-1.0pp $506	-0.5pp $482	base $457	+0.5pp $431	+1.0pp $405

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
814 N Bunn St Unit 4 Anchorage, AK	2.0	1.0	1100	$1,400	$1.27	14d	1	0.13mi
821 N Hoyt St Unit 06 Anchorage, AK	2.0	1.0	825	$1,250	$1.52	14d	1	0.16mi
423 N Lane St #4 Anchorage, AK	3.0	1.0	980	$2,050	$2.09	24d	1	0.18mi
423 N Lane St Apt 1 Anchorage, AK	3.0	1.0	980	$2,000	$2.04	24d	1	0.18mi
325 N Hoyt St Unit C Anchorage, AK	2.0	1.0	800	$1,300	$1.62	44d	1	0.28mi
524 N Klevin St Unit B Anchorage, AK	2.0	1.0	1080	$1,700	$1.57	44d	1	0.33mi
617 N Flower St Anchorage, AK	2.0	1.0	920	$1,750	$1.90	44d	1	0.34mi
225 N Park St Unit 11 Anchorage, AK	2.0	1.0	710	$1,200	$1.69	44d	1	0.37mi
404 N Klevin St Unit 2 Anchorage, AK	1.0	1.0	750	$1,095	$1.46	44d	1	0.37mi
225 N Park St Apt 3 Anchorage, AK	2.0	1.0	800	$1,250	$1.56	22d	1	0.37mi
225 N Park St Apt 4 Anchorage, AK	2.0	1.0	805	$1,250	$1.55	44d	1	0.37mi
816 N Bragaw St Unit 1 Anchorage, AK	2.0	1.0	950	$1,650	$1.74	44d	1	0.44mi
415 N Bragaw St #18 Anchorage, AK	1.0	1.0	700	$1,400	$2.00	44d	1	0.44mi
415 N Bragaw St Anchorage, AK	1.0–2.0	1.0	700	$1,500	$2.14	14d	3	0.44mi
138 N Klevin St Unit 2 Anchorage, AK	1.0	1.0	800	$1,250	$1.56	24d	1	0.46mi
541 Irwin St Unit 4 Anchorage, AK	2.0	1.0	800	$1,350	$1.69	14d	1	0.47mi
218 McCarrey St Anchorage, AK	3.0	1.0	640	$1,510	$2.36	22d	9	0.55mi
5201 Chena Ave #1 Anchorage, AK	3.0	1.0	1100	$1,350	$1.23	44d	1	0.60mi
330 S Flower St Unit 01 Anchorage, AK	2.0	1.0	700	$1,300	$1.86	44d	1	0.79mi
330 S Flower St Unit 12 Anchorage, AK	2.0	1.0	650	$1,300	$2.00	14d	1	0.79mi
5310 Lionheart Dr Unit 15 Anchorage, AK	2.0	1.0	820	$1,695	$2.07	14d	1	0.81mi
5326 Lionheart Dr Unit 12 Anchorage, AK	2.0	1.0	820	$1,650	$2.01	24d	1	0.83mi
4413 E 8th Ave Unit B Anchorage, AK	2.0	1.0	960	$1,400	$1.46	44d	1	1.03mi
5741 Rocky Mountain Ct Unit D Anchorage, AK	2.0	1.0	900	$1,475	$1.64	24d	1	1.12mi
5901 E 6th Ave Anchorage, AK	2.0–3.0	1.0–2.0	907	$1,999	$2.20	14d	7	1.24mi

Listing history 24 events

1. 2026-06-18
   days on market $99,000 Active 123 DOM
2. 2026-06-17
   remarks 137-char remark
3. 2026-06-17
   price $99,000 Active 122 DOM
4. 2026-06-17
   days on market $115,000 Active 122 DOM
5. 2026-06-16
   days on market $115,000 Active 121 DOM
6. 2026-06-15
   days on market $115,000 Active 120 DOM
7. 2026-06-14
   days on market $115,000 Active 118 DOM
8. 2026-06-13
   days on market $115,000 Active 117 DOM
9. 2026-06-10
   days on market $115,000 Active 115 DOM
10. 2026-06-09
    days on market $115,000 Active 114 DOM
11. 2026-06-08
    days on market $115,000 Active 113 DOM
12. 2026-06-07
    days on market $115,000 Active 112 DOM
13. 2026-06-03
    days on market $115,000 Active 108 DOM
14. 2026-06-02
    days on market $115,000 Active 107 DOM
15. 2026-06-01
    days on market $115,000 Active 106 DOM
16. 2026-05-31
    days on market $115,000 Active 105 DOM
17. 2026-05-30
    days on market $115,000 Active 104 DOM
18. 2026-04-01
    price $115,000 91-char remark

    Show marketing remark (91 chars)

    Fixer Upper home in Mountain View. As-is sale. Seller will not make any repairs. Cash only.

19. 2026-02-16
    price $125,000 91-char remark

    Show marketing remark (91 chars)

    Fixer Upper home in Mountain View. As-is sale. Seller will not make any repairs. Cash only.

20. 2026-02-15
    listed $120,000 Active 91-char remark

    Show marketing remark (91 chars)

    Fixer Upper home in Mountain View. As-is sale. Seller will not make any repairs. Cash only.

21. 2008-08-11
    listed $120,000
22. 2002-06-28
    soldstatus
23. 2002-02-14
    listed $60,000
24. 2001-08-28
    listed $59,000

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

Tax reassessment forecast AK · Partial reset (capped growth)

• Current annual tax: $2,267 · $189/mo
• Projected year-2 tax: $2,267 · $189/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🫁 Air quality 1/10 Low

Taxation est. · year 1

• Rental income: $18,319
• − Mortgage interest: −$5,546
• − Property taxes: −$2,267
• − Insurance: −$495
• − Repairs & maintenance: −$1,466
• − Management: −$1,466
• − Depreciation: −$2,880
• Taxable income: $4,200
• Est. tax owed @ 24.0%: −$1,008
• After-tax cash flow: $4,471/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.

Schools (NCES district)

• District: Anchorage School District
• NCES district ID: 0200180
• Math proficiency: 37% ▼ -2.00%
• Reading proficiency: 43% ▲ 1.00%
• Median HH income: $76,447
• Composite: 37.0/100
• National rank: #4523
• State rank: #6 of 21 in AK

Livability — Anchorage

• Score: 78/100
• State rank: #6
• US rank: #2553

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anchorage, AK
• County: Anchorage Borough · 246,594 people
• City population: 218,117
• Metro: Anchorage, AK
• Population (ZIP): 36,458
• Household income: $79,314
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 1248.0

Population outlook (Anchorage County) Hauer SSP2

• Today (2025): 314,993 people
• By 2030: 321,771 · +2.2%
• By 2040: 335,493 · +6.5%
• By 2050: 352,799 · +12.0%
• By 2075: 414,771 · +31.7%
• By 2100: 474,485 · +50.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.82)
• Race & ethnicity: White 38% Two or more races 14% Asian 13% Hispanic / Latino 13% Native American 10% Pacific Islander 8% Black 6%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Cuban 1% Dominican 3%
• Common ancestry: Portuguese 3% Iranian 2% Romanian 2%
• Foreign-born: 15% · Canada, Jamaica, South Korea
• Languages at home: 72% English-only · Other Asian/Pacific 11% Spanish 8% Tagalog/Filipino 4%

Political lean MEDSL · Anchorage

• 2024 margin: D (+12.7) · D 56.3% · R 43.7%
• 2016→2024 swing: +27.9pp toward D · 2016: -15.2pp · 2024: 12.7pp
• All cycles: 2024: D+12.7 2016: R+15.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -203.51%
• Current HPI: 257.8807
• Rent YoY: ▲ 4.88%
• Metro: Anchorage, AK
• State GDP YoY: —
• F500 in state: 0

Price history

+94.9% since first listed

7 events — show timeline

• 2026-04-01 Price Changed $115,000 AKMLS
• 2026-02-16 Price Changed $125,000 AKMLS
• 2026-02-15 Listed $120,000 AKMLS
• 2008-08-11 Listed $120,000 AKMLS
• 2002-06-28 Sold (Public Records) — Public Records
• 2002-02-14 Listed $60,000 AKMLS
• 2001-08-28 Listed $59,000 AKMLS

Property tax history

+1.2%/yr

Latest (2025): $2,267 · +15.7% YoY. Source: county tax records.