2178 Lawson Creek RdDouglasAK99824
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.63, 2178 Lawson Creek Rd, Douglas, AK, 99824 in Douglas sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.8%. The 8.8% yield is backed by 5% annual appreciation projecting $63,545 in value gain, plus $2,118/yr in principal reduction. Total projected cumulative return: $72,418.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 8.0% |
| Monthly Cash Flow | $(266) | $1,500 |
City averages based on Douglas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,687 |
| Total Monthly Debt Service | $1,861 |
| DSCR Ratio | 0.91x |
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 1983
5,000 sqft lot
$N/A/sqft
$551 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99824, Douglas, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,062 (100%) |
| Owner Occupied HU | 471 (44.4%) |
| Renter Occupied HU | 461 (43.4%) |
| Vacant Housing Units | 130 (12.2%) |
| Median Home Value | $475,000 |
| Average Home Value | $503,848 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
587
Multi-Family
167
Businesses
56
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 1983
5,000 sqft lot
$N/A/sqft
$551 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99824, Douglas, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,062 (100%) |
| Owner Occupied HU | 471 (44.4%) |
| Renter Occupied HU | 461 (43.4%) |
| Vacant Housing Units | 130 (12.2%) |
| Median Home Value | $475,000 |
| Average Home Value | $503,848 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
587
Multi-Family
167
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Garnick • Southeast Alaska Real Estate
Mls Name: SEAMLS
Mls ID: #25278
Disclaimer: Disclaimer: All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumers personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.