Clover Passage Legal Address OnlyKetchikanAK99901
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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 Ketchikan at Clover Passage Legal Address Only, Ketchikan, AK, 99901 with 5% annual appreciation on a $449,000 basis while $3,019/mo rent supports operations. Total monthly income totals $3,019/mo and a $2,198/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,386/yr on $148,844 deployed, and return on cash invested reaches 22.18% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 8.07%. Five-year ROI measures 114.94% and total cumulative return in cash totals $171,076.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,019/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
2.17 Acres 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
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