615 5th StDouglasAK99824
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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 Douglas at 615 5th St, Douglas, AK, 99824 uses $223,062 cash to close to unlock $1,373/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $4,246/mo, and a $3,318/mo payment keeps the spread at $114/mo. Purchase price stands at $678,000, and rental yield measures 7.52% with $4,246/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $187,319 over five years. Five-year ROI reaches 106.8% and total cumulative return in cash records $238,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,246/mo property income covering a $3,318/mo payment rather than investor’s personal income.
Single Family
Built in 1964
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99824, Douglas, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,062 (100%) |
| Owner Occupied HU | 471 (44.4%) |
| Renter Occupied HU | 461 (43.4%) |
| Vacant Housing Units | 130 (12.2%) |
| Median Home Value | $475,000 |
| Average Home Value | $503,848 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
587
Multi-Family
167
Businesses
56
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