1007 Redick AveCreightonNE68729
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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 Creighton at 1007 Redick Ave, Creighton, NE, 68729 offers $2,020/mo rent that, after a $1,027/mo payment, leaves $603/mo cash flow. Total monthly income is $2,020/mo, and annual cash flow is $7,235/yr on $69,582 cash. Return on cash invested measures 30.31% in year one, and rental yield stands at 11.55% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 159.35% and total cumulative return in cash reaches $110,876. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,020/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,500 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Terry Lindstrom • EXIT Realty Professionals
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22420610
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