1008 3rd StGibbonNE68840
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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 Gibbon at 1008 3rd St, Gibbon, NE, 68840 generates $2,543/mo in rent and, after a $1,554/mo payment, leaves $399/mo in cash flow. Total monthly income is $2,543/mo, and annual cash flow is $4,788/yr on $105,251 invested. Return on cash invested sits at 24.46% in year one, and rental yield is 9.61% on a $317,500 entry. Equity gained on principal adds $2,049/yr, while 5% annual appreciation builds toward $87,719 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash sums $134,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,543/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68840, Gibbon, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 813 (68.5%) |
| Renter Occupied HU | 277 (23.4%) |
| Vacant Housing Units | 96 ( 8.1%) |
| Median Home Value | $283,209 |
| Average Home Value | $314,963 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
70
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Listed by: Laci Bentley • NP Realty, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251301
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.