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Kenai

Kenai Peninsula Borough, AK

STR Investment Grade

Transparent Scoring
B
60/100
⚠️ HOLD
Score Breakdown
💰Cash-on-Cash
25/35
🏠Affordability
6/25
📅Year-Round Income
9/15
🤝Landlord Friendly
8/10
📈Room to Grow
12/15
Cash-on-Cash
10.5%
Good (10%+)
Median Home
$310K
Expensive
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Kenai City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Kenai?

Waterfront Market

What drives short-term rental demand here

Waterfront Living

Direct water access and scenic views drive premium pricing and high guest satisfaction scores.

📈
Growing Market

Population and economic growth signal increasing demand and property appreciation potential.

Will This Deal Work?

Investment Grade
B
Good (10%+)
CoC: 10.5%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

Good opportunity. Solid fundamentals but may require careful property selection.

💵
$259
Avg ADR
📅
45%
Occupancy
💰
$3,500
Monthly Revenue
🏠
$310K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,925
2BR
$2,625
3BR
$3,500
4BR
$4,725
5BR
$5,775
6BR+
$6,825
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEWater Views
+25%
MUST HAVEDeck/Patio
+15%
HIGH IMPACTKayaks
+12%
HIGH IMPACTFire Pit
+10%
NICE TO HAVEHot Tub
+18%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $6,825/month
2
Add a Water Views
Boost revenue by +25%
3
Target $4,375/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Kenai, Alaska is rated B for Airbnb investment with a score of 60/100 (HOLD). The market has an average daily rate (ADR) of $259, 45% occupancy, and estimated monthly STR revenue of $3,500. Median home value is $310,466 with a cash-on-cash return of 10.5%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.