1002 E 5th StStromsburgNE68666
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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
Investment property for sale in Stromsburg at 1002 E 5th St, Stromsburg, NE, 68666 listed at $299,000 pairs $2,054/mo rent with a $1,463/mo payment to leave $35/mo cash flow. Total monthly income runs $2,054/mo, and annual cash flow reaches $424/yr on $99,119 cash to close. Return on cash invested measures 20.34% in year one, and rental yield registers 8.24% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 105.9% and total cumulative return in cash totals $104,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,054/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68666, Stromsburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 483 (68.9%) |
| Renter Occupied HU | 150 (21.4%) |
| Vacant Housing Units | 68 ( 9.7%) |
| Median Home Value | $167,708 |
| Average Home Value | $229,741 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
340
Multi-Family
11
Businesses
82
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Listed by: Breanne Ronne • Green Realty & Auction
Mls Name: GPRMLS
Mls ID: #22527196