100 3rd AveShelbyNE68662
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 100 3rd Ave, Shelby, NE, 68662 in Shelby at $195,000 earns $1,349/mo in rent and nets $32/mo after the $877/mo payment, a 8.3% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $53,875 over five years. Ziffy Mortgage underwrites this on a 1.54 DSCR without U.S. credit history. With $1,796/yr in principal paydown, total projected return reaches $76,501.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $32 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,349 |
| Total Monthly Debt Service | $1,239 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1916
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68662, Shelby, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 388 (73.2%) |
| Renter Occupied HU | 78 (14.7%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $240,299 |
| Average Home Value | $257,113 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
16
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
Single Family
Built in 1916
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68662, Shelby, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 388 (73.2%) |
| Renter Occupied HU | 78 (14.7%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $240,299 |
| Average Home Value | $257,113 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices