3718 Hillside RdKetchikanAK99901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3718 Hillside Rd, Ketchikan, AK, 99901 in Ketchikan speaks for itself: 10.92% gross on a $439,000 price, generating $3,996/mo in rent and $1,321/mo in net income after the $1,974/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,846 stacks alongside $121,288 in projected five-year appreciation and $4,043/yr in principal reduction. Projected total cumulative return: $251,304.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $1,321 | $1,850 |
City averages based on Ketchikan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,996 |
| Total Monthly Debt Service | $2,501 |
| DSCR Ratio | 1.60x |
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.
Single Family
Built in 1969
5,662 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
Single Family
Built in 1969
5,662 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
Listed by: Sidney Tenpas • Coastal Keller Williams Realty Alaska Group
Mls Name: SEAMLS
Mls ID: #25080
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.