6241 Cliff Point RdKodiakAK99615
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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 Kodiak at 6241 Cliff Point Rd, Kodiak, AK, 99615 uses $125,042 cash to close to unlock $12,688/yr annual cash flow and $1,057/mo monthly cash flow. Total monthly income runs $3,356/mo, and a $1,846/mo payment keeps the spread at $1,057/mo. Purchase price stands at $377,200, and rental yield measures 10.68% with $3,356/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $104,213 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash records $196,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,356/mo property income covering a $1,846/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 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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