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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$2,399,999
8 bds10 ba4150sqft
895 Ocean Drive LoopHomerAK99603
0.74%
Gross Yield
0.08%
ROI
$1,476/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Homer at 895 Ocean Drive Loop, Homer, AK, 99603 projects strong ROI of 0.08%. Rental yield 0.74%. With 5% annual appreciation, the property builds $663,075 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1984
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99603, Homer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,637 (100%) |
| Owner Occupied HU | 3,566 (53.7%) |
| Renter Occupied HU | 1,328 (20.0%) |
| Vacant Housing Units | 1,743 (26.3%) |
| Median Home Value | $403,659 |
| Average Home Value | $461,323 |
Housing Distribution
Address Breakdown
Residential
2,922
Single Family
2,883
Multi-Family
39
Businesses
722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved