Real Estate Investing in Seward, Alaska (99664)

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

Kenai Peninsula Borough • Population: 4,296 • Data updated: September 2026

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Should you buy in 99664 (Seward, AK)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
1 flag
  • High vacancy: 27.0% of homes vacant — above national norms.

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

What’s happening in Seward, AK (99664)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $408,843
Avg Monthly Rent $1,404
1% Rule ✗ Does Not Meet
Median Income $78,200
% Renters 34.6%

Market Analysis: 99664 Seward

Looking more closely, ZIP 99664 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $409K median. It rewards specialists, not generalists.

The 99664 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Seward have seen price recovery that 99664 has not matched. Kenai Peninsula Borough data supports the view that the spread is structural rather than temporary.

Who lives in 99664 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategy in 99664 is an operator game, not a passive one. From a cash-flow lens, entry prices of $409K are inviting, the management lift is real and non-optional.

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 Seward:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.2× the median income
Value Trend
Rising (+14.9%)
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: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 99664

Which property type performs best in this market?

Best for Cash Flow
3BR
4.1% cap rate
Best for Appreciation
3BR
+7.2% 5yr CAGR
Best Overall Value
3BR
$125,881/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $377,643 $2,170 4.1% +7.2% $125,881
4BR $525,020 $2,620 3.6% +6.8% $131,255

Market Trends

Home Value History (with trend line)

$427K$374K$322K$269K$217K$164KJul 2006Jul 2016Jul 2026

📊 How Does 99664 Compare?

Metric 99664 Seward Alaska
Home Value $408,843 $408,843 $378,640
5-Year CAGR 6.1% 6.1% 3.6%
Avg Rent $1,404 $1,404 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 99664? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 99664 (Seward, AK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $408,843
Monthly Rent $1,404
Price-to-Rent 24.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 8.8%

📈 Home Appreciation

1-Year +14.9% ▲
3-Year CAGR +7.6% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 7.0%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (2.7%). 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
27.0%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Fast Rent control: Moderate

Demographics in 99664

Population: 4,296

💰 Median Household Income
$78,200
This area
$78,200
State
$64,271
USA
$74,580
🏠 Renter Occupied
34.6%
This area
34.6%
State
30.7%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-13.0%
USA
3.7%
🎓 College Educated
35.3%
This area
35.3%
State
-3.6%
USA
33.7%
👤 Median Age
44.2 years
This area
44.2 years
State
2.6 years
USA
38.9 years
🏚️ Vacancy Rate
27.0%
This area
27.0%
State
37.0%
USA
10.5%
👥 Population by Ethnicity
White 76.5%
Other/Mixed 20.0%
Black/African American 2.0%
Asian 1.5%
Hispanic/Latino 1.2%
👶 Under 18
22.7%
This area
22.7%
USA
22.0%
👴 65 and Over
16.4%
This area
16.4%
USA
17.3%
📊 Poverty Rate
1.4%
This area
1.4%
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 99664

A Avg School Grade
3 Schools
14.6:1 Avg Class Size
$20,460 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

William H. Seward Elementary School

📚 Pre-K – 05 Elementary
👥
223 Students
👨‍🏫
13.7:1 Class Size
💰
$20,460 Per Student
A Very Good

Seward Middle School

📚 06 – 08 Middle
👥
110 Students
👨‍🏫
14.0:1 Class Size
💰
$20,460 Per Student
A Very Good

Seward High School

📚 09 – 12 High School
👥
164 Students
👨‍🏫
16.0:1 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
B
Alaska Vocational Technical Center
452 students · 2.1 mi

Frequently Asked Questions

Is rental property easy to operate in Seward, AK?

AK law landlord-friendly for landlords, and Seward inherits those rules. Investors should still review local ordinances for rental licensing.

How strong is tenant demand in Seward, AK?

The tenant pool in Seward, AK is solid, supported by local employment and population fundamentals. Rents of $1,404/mo are well-absorbed by the market.

How does Seward, AK stack up for property investment?

With a 3.0/5 investability score, Seward, AK ranks as a solid market for rental property investors. Median prices of $409K and rents of $1,404/mo drive the underlying numbers.

What approach is best for Seward, AK real estate?

For Seward, AK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Are homes affordable in Seward, AK?

Expect median prices around $409K in Seward, AK. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.

You know 99664 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 99664 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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