815 Pherson StSitkaAK99835
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing815 Pherson St, Sitka, AK, 99835 in Sitka is a stable, well-positioned rental at $599,000. Rental yield 6.57%. DSCR 1.22 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $165,493 in value and $5,517/yr in principal paydown builds equity, a total projected return of $202,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.0% |
| Monthly Cash Flow | $(373) | $350 |
City averages based on Sitka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,277 |
| Total Monthly Debt Service | $3,412 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1990
4,906 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99835, Sitka, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 2,087 (48.9%) |
| Renter Occupied HU | 1,295 (30.3%) |
| Vacant Housing Units | 888 (20.8%) |
| Median Home Value | $467,145 |
| Average Home Value | $506,513 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,805
Multi-Family
47
Businesses
567
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
Townhouse
Built in 1990
4,906 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99835, Sitka, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 2,087 (48.9%) |
| Renter Occupied HU | 1,295 (30.3%) |
| Vacant Housing Units | 888 (20.8%) |
| Median Home Value | $467,145 |
| Average Home Value | $506,513 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,805
Multi-Family
47
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerri O'toole • Davis Realty
Mls Name: SEAMLS
Mls ID: #25457
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.