616 E Rezanof 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
Rental property for sale in Kodiak at 616 E Rezanof Dr, Kodiak, AK, 99615 priced at $524,100 converts $4,391/mo rent into $1,160/mo cash flow after a $2,565/mo obligation. Total monthly income equals $4,391/mo, and annual cash flow totals $13,920/yr on $172,429 invested. Return on cash invested prints 28.13% in year one, and rental yield reads 10.05% against a $524,100 entry. Equity gained on principal adds $3,382/yr, while 5% annual appreciation compiles into $144,799 by year five. Five-year ROI reaches 146.87% and total cumulative return in cash sums $253,250. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,391/mo property income covering a $2,565/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.32 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
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