508 Madison StSewardAK99664
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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 Seward at 508 Madison St, Seward, AK, 99664 offers $1,730/mo rent that, after a $717/mo payment, leaves $837/mo cash flow. Total monthly income is $1,730/mo, and annual cash flow is $10,046/yr on $48,565 cash. Return on cash invested measures 40.6% in year one, and rental yield stands at 14.17% at a $146,500 entry. Equity gained on principal adds $945/yr while 5% annual appreciation compounds into $40,475 by year five. Five-year ROI records 213.73% and total cumulative return in cash reaches $103,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,730/mo property income versus a $717/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99664, Seward, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,282 (51.0%) |
| Renter Occupied HU | 674 (26.8%) |
| Vacant Housing Units | 558 (22.2%) |
| Median Home Value | $344,868 |
| Average Home Value | $395,583 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.