For SaleExcellent Deal31 days on market
516 3rd Ave NE Unit 4
516 3rd Ave NE Unit 4, Ketchikan, AK 99901, Ketchikan, AK 99901
$15,000
Estimate®:$496,800$481,800 Under Market
Listing Price
516 3rd Ave NE Unit 4, Ketchikan, AK 99901
Loc: Ketchikan, AK
Days Listed
31
Estimate®
$497k
97% Under Valued
Lot Size
1 sqft
Rent Estimate
$2,730/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Fawn Mountain Elementary School
PK-6
28.1 mi away
5
Schoenbar Middle School
7-8
29 mi away
6
Ketchikan High School
9-12
30.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranchvinyl sidingraised foundationconcrete stepsmetal railingsingle-storypitched rooffront walkwaytraditional residentialsuburbanmodestcasement windows
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
152.69%
Total ROI
3278.3%
Cash Flow
$1,831/mo
DSCR
24.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,831/mo net cash flow with a 152.7% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (152.7%)
- • Strong rental demand in Ketchikan
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-25 | Listed for sale | $15,000 | $288 |
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