1004 W 9th Street PlKearneyNE68845
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1004 W 9th Street Pl, Kearney, NE, 68845 in Kearney at $469,900 earns $3,236/mo in rent and nets $63/mo after the $2,113/mo payment, a 8.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $129,825 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $4,328/yr in principal paydown, total projected return reaches $183,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.2% |
| Monthly Cash Flow | $63 | $1,450 |
City averages based on Kearney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,236 |
| Total Monthly Debt Service | $2,986 |
| DSCR Ratio | 1.08x |
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 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68845, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,471 (100%) |
| Owner Occupied HU | 5,062 (53.4%) |
| Renter Occupied HU | 3,801 (40.1%) |
| Vacant Housing Units | 608 ( 6.4%) |
| Median Home Value | $300,740 |
| Average Home Value | $331,883 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,121
Multi-Family
1,075
Businesses
397
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 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68845, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,471 (100%) |
| Owner Occupied HU | 5,062 (53.4%) |
| Renter Occupied HU | 3,801 (40.1%) |
| Vacant Housing Units | 608 ( 6.4%) |
| Median Home Value | $300,740 |
| Average Home Value | $331,883 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,121
Multi-Family
1,075
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey Janssen • Coldwell Banker Town & Country
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250532
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.