3303 Mill Bay RdKodiakAK99615
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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
Total monthly income runs $2,292/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 5.01% with $2,292/mo rent. Return on cash invested shows 13.06% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 65.96% and total cumulative return in cash records $119,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
0.53 Acres 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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