Real Estate Investing in Kasilof, Alaska (99610)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Kenai Peninsula Borough • Population: 2,307 • Data updated: September 2026

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Should you buy in 99610 (Kasilof, AK)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 44.4% of homes vacant — above national norms.
  • Higher unemployment: 7.4% unemployment — tenant risk signal.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Kasilof, AK (99610)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $307,643
Avg Monthly Rent $1,404
1% Rule ✗ Does Not Meet
Median Income $48,947
% Renters 15.0%

Market Analysis: 99610 Kasilof

This part of Kenai Peninsula Borough is not an easy win. The 99610 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 99610 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader AK picture, 99610 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 99610 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 99610 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Kasilof:

C Below Average
Buy Confidence Score: 53/100
Affordability
5/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.3× the median income
Value Trend
Rising (+14.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,404/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 99610

Which property type performs best in this market?

Best for Cash Flow
3BR
5.1% cap rate
Best for Appreciation
3BR
+3.8% 5yr CAGR
Best Overall Value
3BR
$101,291/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $303,872 $2,170 5.1% +3.8% $101,291
4BR $452,553 $2,620 4.2% +3.0% $113,138

Market Trends

Home Value History (with trend line)

$320K$284K$248K$212K$176K$140KJul 2006Jul 2016Jul 2026

📊 How Does 99610 Compare?

Metric 99610 Kasilof Alaska
Home Value $307,643 $307,643 $378,640
5-Year CAGR 3.4% 3.4% 3.6%
Avg Rent $1,404 $1,404 -
Cap Rate 3.6% 3.6% -

Similar ZIPs Within 25 Miles

Compare other nearby markets to see if a neighbor offers a better fit.

💡 Why Invest in 99610? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 99610 (Kasilof, AK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+3.4%
Moderate

📊 Market Snapshot

Home Value $307,643
Monthly Rent $1,404
Price-to-Rent 18.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 6.9%

📈 Home Appreciation

1-Year +14.2% ▲
3-Year CAGR +4.3% ▲
5-Year CAGR +3.4% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 7.0%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
44.4%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.4%
Stable
Eviction process: Fast Rent control: Moderate

Demographics in 99610

Population: 2,307

💰 Median Household Income
$48,947
This area
$48,947
State
$64,271
USA
$74,580
🏠 Renter Occupied
15.0%
This area
15.0%
State
30.7%
USA
34.0%
💼 Unemployment Rate
7.4%
This area
7.4%
State
-13.0%
USA
3.7%
🎓 College Educated
27.0%
This area
27.0%
State
-3.6%
USA
33.7%
👤 Median Age
47.8 years
This area
47.8 years
State
2.6 years
USA
38.9 years
🏚️ Vacancy Rate
44.4%
This area
44.4%
State
37.0%
USA
10.5%
👥 Population by Ethnicity
White 80.7%
Other/Mixed 18.3%
Hispanic/Latino 2.6%
Asian 0.9%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
24.8%
This area
24.8%
USA
17.3%
📊 Poverty Rate
15.3%
This area
15.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 99610

A Avg School Grade
1 Schools
12.4:1 Avg Class Size
$20,460 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Tustumena Elementary

📚 Pre-K – 06 School
👥
132 Students
👨‍🏫
12.4:1 Class Size
💰
$20,460 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
C
Alaska Christian College
64 students · 14.5 mi

Frequently Asked Questions

Is vacancy a concern in Kasilof, AK?

Kasilof, AK carries elevated vacancy risk. Expect predictable absorption at market rents of $1,404/mo.

What investment strategy works best in Kasilof, AK?

Kasilof, AK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($308K prices, $1,404/mo rents) make it a reasonable choice.

Where do rents currently stand in Kasilof, AK?

Average rent in Kasilof, AK is approximately $1,404/mo per month. Against $308K home values that yields a reasonable rent-to-price ratio.

Is rental property easy to operate in Kasilof, AK?

Rental owners in Kasilof, AK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How does Kasilof, AK stack up for property investment?

Our data puts Kasilof, AK at 3.0/5 for investability. Home prices of $308K and rents around $1,404/mo create a solid backdrop for investor activity.

You know 99610 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 99610 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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