2303 5th AveKetchikanAK99901
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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 Ketchikan at 2303 5th Ave, Ketchikan, AK, 99901 listed at $810,000 pairs $2,206/mo rent with a $3,965/mo payment. Total monthly income runs $2,206/mo. Return on cash invested measures 7.76% in year one, and rental yield registers 3.27% at a $810,000 basis. Equity gained on principal adds $5,227/yr, and annual property appreciation at 5% supports $223,788 by year five. Five-year ROI tracks 37.54% and total cumulative return in cash totals $100,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,206/mo property income relative to a $3,965/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1975
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99901, Ketchikan, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,365 (50.9%) |
| Renter Occupied HU | 2,201 (33.3%) |
| Vacant Housing Units | 1,045 (15.8%) |
| Median Home Value | $430,183 |
| Average Home Value | $449,007 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,078
Multi-Family
544
Businesses
817
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Listed by: Chirag Daswani • EXP Realty LLC - Southeast Alaska
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-614
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