310 Austin StKetchikanAK99901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 310 Austin St, Ketchikan, AK, 99901 in Ketchikan hard to pass up. The 10.34% gross yield on a $529,000 purchase results in $4,560/mo in rent and $1,336/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.92). Annual cash flow of $16,032, five-year appreciation of $146,153, and $4,872/yr in equity build-up combine for a projected total cumulative return of $286,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $1,336 | $1,850 |
City averages based on Ketchikan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,560 |
| Total Monthly Debt Service | $3,014 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1930
3,920 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
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
Multi Family
Built in 1930
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices