3250 Denali Ave APT 30KetchikanAK99901
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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 Ketchikan at 3250 Denali Ave APT 30, Ketchikan, AK, 99901 earns $421/mo cash flow from $2,148/mo rent with a $1,023/mo payment. Total monthly income totals $2,148/mo, and annual cash flow totals $5,054/yr on $69,284 capital. ROI tracks 27.2% on current figures, and rental yield reads 12.33% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 144.75% and total cumulative return in cash sums $100,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,148/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$453 monthly 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: Stephanie Brissette • Coastal Keller Williams Realty Alaska Group
Mls Name: SEAMLS
Mls ID: #24599
Disclaimer: Disclaimer: All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumers personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.