1310 Madsen AveKodiakAK99615
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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 Kodiak at 1310 Madsen Ave, Kodiak, AK, 99615 offers a 8.6% rental yield on a $485,000 purchase with $3,476/mo rent. Total monthly income registers $3,476/mo, and a $2,374/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,240/yr on $160,778 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 123.53% and total cumulative return in cash at $198,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,476/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
8,276 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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Listed by: Southavanh Vongnakhone • Associated Island Brokers
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-6242
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