Under $200K Investment Properties for Sale in Ketchikan, AK
189- 2 Bed
- 2 Bath
- 803 sft
640- - Bed
- - Bath
- - sft
466- - Bed
- - Bath
- - sft
560- - Bed
- - Bath
- - sft
Why Invest in Ketchikan, Alaska?
Discover investment opportunities in Ketchikan, AK under $200k, ideal for budget-conscious investors seeking entry into this coastal market. Properties in this range often include condos or smaller units with strong rental demand from tourism and fishing sectors. Average rental yields hover around 7-9%, supported by appreciation rates of 8-13% annually. Cap rates average 6-8%, with renter-occupied housing at 45%, making it attractive for cash flow-focused portfolios. Limited supply under $200k enhances potential returns in this growing area.
Frequently Asked Questions
Yes, opportunities exist in condos and smaller units, often under $200k as seen in recent listings around $264k for oceanfront properties. These appeal to investors targeting rentals. Demand from tourism keeps values stable.
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