Ketchikan Stone Creek Plan, Stone CreekPalmerAK99645
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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
Investment Highlights
Rental property for sale in Palmer at Ketchikan Stone Creek Plan, Stone Creek, Palmer, AK, 99645 priced at $476,000 pairs $3,000/mo rent with $99/mo cash flow after a $2,330/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $1,186/yr on $157,794 invested. Return on cash invested is 20.66% in year one, and rental yield stands at 7.56% on a $476,000 basis. Equity gained on principal adds $3,072/yr, and 5% annual appreciation accumulates to $131,510 by year five. Five-year ROI measures 106.75% and total cumulative return in cash reaches $168,441. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,330/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99645, Palmer, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,212 (100%) |
| Owner Occupied HU | 8,568 (70.2%) |
| Renter Occupied HU | 2,339 (19.2%) |
| Vacant Housing Units | 1,305 (10.7%) |
| Median Home Value | $385,372 |
| Average Home Value | $429,073 |
Housing Distribution
Address Breakdown
Residential
8,801
Single Family
8,469
Multi-Family
332
Businesses
831
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