707/709 Carlanna Lake RdKetchikanAK99901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 707/709 Carlanna Lake Rd, Ketchikan, AK, 99901 in Ketchikan earns a 8.15% gross yield at $695,000. Rent of $4,718/mo nets $483/mo after the $3,125/mo mortgage. The 1.51 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $192,016 and $6,401/yr in equity accumulation project a total cumulative return of $294,280.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $483 | $1,850 |
City averages based on Ketchikan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,718 |
| Total Monthly Debt Service | $3,959 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99901, Ketchikan, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,365 (50.9%) |
| Renter Occupied HU | 2,201 (33.3%) |
| Vacant Housing Units | 1,045 (15.8%) |
| Median Home Value | $430,183 |
| Average Home Value | $449,007 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,078
Multi-Family
544
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1995
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99901, Ketchikan, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,365 (50.9%) |
| Renter Occupied HU | 2,201 (33.3%) |
| Vacant Housing Units | 1,045 (15.8%) |
| Median Home Value | $430,183 |
| Average Home Value | $449,007 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,078
Multi-Family
544
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices