Legal Address Only L7 11b N Yorktown DrKetchikanAK99901
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
Investment Highlights
Investment property for sale in Ketchikan at Legal Address Only L7 11b N Yorktown Dr, Ketchikan, AK, 99901 at $425,000 posts ROI 24% with $480/mo cash flow from $3,070/mo rent. Total monthly income equals $3,070/mo, and annual cash flow records $5,760/yr on $140,888 to close. Return on cash invested measures 24% and rental yield reads 8.67% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 124.63% and total cumulative return in cash totals $175,589.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,070/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
1.66 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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Nearby investment properties with comparable prices
Listed by: Mary Wanzer • Coastal Keller Williams Realty Alaska Group
Mls Name: SEAMLS
Mls ID: #22754
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.