31 OnlyKetchikanAK99901
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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
Rental property for sale in Ketchikan at 31 Only, Ketchikan, AK, 99901 priced at $399,000 pairs $2,707/mo rent with $275/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,707/mo, and annual cash flow comes to $3,302/yr on $132,269 invested. Return on cash invested is 22.41% in year one, and rental yield stands at 8.14% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 116.13% and total cumulative return in cash reaches $153,602. For financing, Ziffy Mortgage’s DSCR program evaluates $2,707/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
2.93 Acres 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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