1014 Thorsheim StKodiakAK99615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kodiak at 1014 Thorsheim St, Kodiak, AK, 99615 generates $1,473/mo in rent and, after a $925/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,473/mo, and annual cash flow is $3,437/yr on $62,654 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.35% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 132.42% and total cumulative return in cash sums $82,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,473/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99615, Kodiak, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,993 (100%) |
| Owner Occupied HU | 2,677 (44.7%) |
| Renter Occupied HU | 2,001 (33.4%) |
| Vacant Housing Units | 1,315 (21.9%) |
| Median Home Value | $440,621 |
| Average Home Value | $467,427 |
Housing Distribution
Address Breakdown
Residential
3,226
Single Family
3,034
Multi-Family
192
Businesses
593
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Nearby investment properties with comparable prices
Listed by: Paula Laird • Real Broker Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-7386
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