54532 Pheasant AveHomerAK99603
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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 Homer at 54532 Pheasant Ave, Homer, AK, 99603 earns from $5,017/mo rent with a $7,097/mo payment. Total monthly income totals $5,017/mo. ROI tracks 10.61% on current figures, and rental yield reads 4.15% at a $1,450,000 purchase. Equity gained on principal adds $9,357/yr, and 5% annual appreciation supports $400,608 over five years. Five-year ROI reaches 52.76% and total cumulative return in cash sums $247,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,017/mo property income instead of your personal income.
Single Family
Built in 1999
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
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