321 Ole Johnson AveKodiakAK99615
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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
Investment property for sale in Kodiak at 321 Ole Johnson Ave, Kodiak, AK, 99615 with 5% annual appreciation on a $407,400 basis while $3,026/mo rent supports operations. Total monthly income totals $3,026/mo and a $1,994/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,517/yr on $135,053 deployed, and return on cash invested reaches 24.73% in year one. Equity gained on principal adds $2,629/yr, and five-year appreciation sums $112,557 alongside rental yield of 8.91%. Five-year ROI measures 128.62% and total cumulative return in cash totals $173,711.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,026/mo property income versus a $1,994/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
7,840 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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