1135 Mission RdHomerAK99603
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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
Investment property for sale in Homer at 1135 Mission Rd, Homer, AK, 99603 at $225,000 posts ROI 26.68% with $421/mo cash flow from $1,792/mo rent. Total monthly income equals $1,792/mo, and annual cash flow records $5,052/yr on $74,588 to close. Return on cash invested measures 26.68% and rental yield reads 9.56% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 139.03% and total cumulative return in cash totals $103,701.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,792/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
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