LOT 21 White Rock CtKetchikanAK99901
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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
Rental property for sale in Ketchikan at LOT 21 White Rock Ct, Ketchikan, AK, 99901 offers $1,431/mo rent that, after a $680/mo payment, leaves $584/mo cash flow. Total monthly income is $1,431/mo, and annual cash flow is $7,010/yr on $46,079 cash. Return on cash invested measures 35.12% in year one, and rental yield stands at 12.35% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 184.4% and total cumulative return in cash reaches $84,968. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,431/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
0.60 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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