4142 Ocean DrKodiakAK99615
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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 4142 Ocean Dr, Kodiak, AK, 99615 offers a 2.87% rental yield on a $944,900 purchase with $2,257/mo rent. 54% in year one. Equity gained on principal adds $6,097/yr while 5% annual appreciation supports $261,058 over five years. Portfolio math shows five-year ROI at 31.01% and total cumulative return in cash at $96,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,257/mo property income against a $4,625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2007
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.