470 N Yorktown DrKetchikanAK99901
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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
Rental property for sale in Ketchikan at 470 N Yorktown Dr, Ketchikan, AK, 99901 offers $3,056/mo rent that, after a $1,933/mo payment, leaves $649/mo cash flow. Total monthly income is $3,056/mo, and annual cash flow is $7,788/yr on $130,943 cash. Return on cash invested measures 25.86% in year one, and rental yield stands at 9.28% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 134.6% and total cumulative return in cash reaches $176,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,056/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1996
0.42 Acres 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
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Listed by: Hilary Robbins • Coastal Keller Williams Realty Alaska Group
Mls Name: AKMLS
Mls Provider:
Mls ID: #25-7964
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