Real Estate Investing in Cordova, Alaska (99574)

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

Valdez Cordova Borough • Population: 2,517 • Data updated: September 2026

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Should you buy in 99574 (Cordova, AK)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 31.3% 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 Cordova, AK (99574)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $400,395
Avg Monthly Rent $1,449
1% Rule ✗ Does Not Meet
Median Income $79,483
% Renters 34.1%

Market Analysis: 99574 Cordova

Not every below-median market is a bargain. Cordova's 99574 ZIP reports signals that favor experienced operators who can absorb the risk $400K pricing implies.

The 99574 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 99574 among AK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 99574 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Cordova:

C Below Average
Buy Confidence Score: 54/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Stable (+2.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,449/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.

Market Trends

Home Value History (with trend line)

$410K$390K$370K$350K$331K$311KFeb 2022May 2024Jul 2026

📊 How Does 99574 Compare?

Metric 99574 Cordova Alaska
Home Value $400,395 $400,395 $378,640
5-Year CAGR N/A N/A 3.6%
Avg Rent $1,449 $1,449 -
Cap Rate 2.8% 2.8% -

Similar ZIPs Within 25 Miles

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 99574 (Cordova, AK). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.8%
Low

📊 Market Snapshot

Home Value $400,395
Monthly Rent $1,449
Price-to-Rent 23.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +2.7% ▲
3-Year CAGR +7.2% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 7.0%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (2.8%). 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
31.3%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Moderate

Demographics in 99574

Population: 2,517

💰 Median Household Income
$79,483
This area
$79,483
State
$64,271
USA
$74,580
🏠 Renter Occupied
34.1%
This area
34.1%
State
30.7%
USA
34.0%
💼 Unemployment Rate
7.4%
This area
7.4%
State
-13.0%
USA
3.7%
🎓 College Educated
28.2%
This area
28.2%
State
-3.6%
USA
33.7%
👤 Median Age
37.0 years
This area
37.0 years
State
2.6 years
USA
38.9 years
🏚️ Vacancy Rate
31.3%
This area
31.3%
State
37.0%
USA
10.5%
👥 Population by Ethnicity
White 67.7%
Other/Mixed 17.3%
Asian 14.7%
Hispanic/Latino 2.2%
Black/African American 0.3%
👶 Under 18
20.5%
This area
20.5%
USA
22.0%
👴 65 and Over
15.8%
This area
15.8%
USA
17.3%
📊 Poverty Rate
0.4%
This area
0.4%
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 99574

B+ Avg School Grade
4 Schools
20.4:1 Avg Class Size
$21,637 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Cordova Jr/Sr High School

📚 07 – 12 High School
👥
135 Students
👨‍🏫
11.7:1 Class Size
💰
$24,307 Per Student
A+ Excellent

Mt. Eccles Elementary

📚 Pre-K – 06 School
👥
226 Students
👨‍🏫
13.7:1 Class Size
💰
$24,307 Per Student
B Good

Chenega School

📚 Pre-K – 12 K-12
👥
12 Students
👨‍🏫
6.0:1 Class Size
💰
$13,627 Per Student
C Below Average
👥
1 Students
👨‍🏫
50.0:1 Class Size
💰
$24,307 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.

Frequently Asked Questions

Is housing expensive in Cordova, AK?

Typical homes in Cordova, AK go for around $400K. The 5-year CAGR of 0.0% even-keeled price movement.

What is it like being a landlord in Cordova, AK?

Landlord-friendliness in Cordova, AK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is real estate in Cordova, AK a good investment right now?

Investors tracking Cordova, AK will find a 2.0/5 rating supported by $400K median home values and $1,449/mo rents. That profile suits long-term holders targeting steady returns.

Which investment style suits Cordova, AK?

In Cordova, AK the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $400K prices and $1,449/mo rents suits that approach.

Are tenants stable in Cordova, AK?

Expect a solid tenant pool in Cordova, AK. The rental market absorbs $1,449/mo rents without meaningful friction.

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This page stays free — all of it. What one page can’t tell you is how 99574 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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