321 Erskine AveKodiakAK99615
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
Investment Highlights
Investment property for sale in Kodiak at 321 Erskine Ave, Kodiak, AK, 99615 at $325,000 posts ROI 22.49% with $232/mo cash flow from $2,213/mo rent. Total monthly income equals $2,213/mo, and annual cash flow records $2,784/yr on $107,738 to close. Return on cash invested measures 22.49% and rental yield reads 8.17% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 116.56% and total cumulative return in cash totals $125,581.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
5,662 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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