640 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 640 5th St, Douglas, AK, 99824 earns from $3,625/mo rent with a $3,177/mo payment. Total monthly income totals $3,625/mo. ROI tracks 18.2% on current figures, and rental yield reads 6.7% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 93.54% and total cumulative return in cash sums $199,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,625/mo property income instead of your personal income.
Single Family
Built in 1963
7,405 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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Listed by: Debbie White • Southeast Alaska Real Estate
Mls Name: SEAMLS
Mls ID: #25541
Disclaimer: Disclaimer: All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumers personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.