116D Harvest WaySitkaAK99835
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 116D Harvest Way, Sitka, AK, 99835 in Sitka at $325,000, 4.76% gross yield, is a market-growth asset. Rental yield 4.76%. The $1,289/mo rent partially funds the $1,461/mo debt service; the core return is the 5%/yr price growth projected to add $89,792 over five years. Ziffy Mortgage's DSCR mortgage (0.88) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $63,606.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.0% |
| Monthly Cash Flow | $(942) | $350 |
City averages based on Sitka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,289 |
| Total Monthly Debt Service | $2,101 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1993
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99835, Sitka, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 2,087 (48.9%) |
| Renter Occupied HU | 1,295 (30.3%) |
| Vacant Housing Units | 888 (20.8%) |
| Median Home Value | $467,145 |
| Average Home Value | $506,513 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,805
Multi-Family
47
Businesses
567
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
Condo
Built in 1993
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99835, Sitka, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 2,087 (48.9%) |
| Renter Occupied HU | 1,295 (30.3%) |
| Vacant Housing Units | 888 (20.8%) |
| Median Home Value | $467,145 |
| Average Home Value | $506,513 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,805
Multi-Family
47
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices