Under $500K Investment Properties for Sale in Ketchikan, AK
857- 3 Bed
- 1 Bath
- 1292 sft
324- 3 Bed
- 1 Bath
- 1176 sft
417- 1 Bed
- 1 Bath
- - sft
820- 3 Bed
- 1 Bath
- 1075 sft
Why Invest in Ketchikan, Alaska?
Discover investment opportunities in Ketchikan, AK properties under $500k, offering strong potential in a tourism and fishing-driven market. Recent data shows median home prices around $385k-$448k with 8-13% appreciation, making under-$500k deals accessible for cash-flowing rentals. Rental yields average 6-8% with cap rates near 7%, supported by steady demand from seasonal visitors and local workforce. Low inventory keeps vacancy low, while appreciation outpaces national averages for long-term gains.
Frequently Asked Questions
Yes, median prices range $385k-$448k, with listings from $40k lots to $450k homes fitting under-$500k budgets. Inventory includes condos and single-family options ideal for rentals. Demand from tourism keeps values appreciating.
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