101 S Churchill StPalisadeNE69040
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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 Palisade at 101 S Churchill St, Palisade, NE, 69040 uses $39,449 cash to close to unlock $3,310/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,079/mo, and a $582/mo payment keeps the spread at $276/mo. Purchase price stands at $119,000, and rental yield measures 10.88% with $1,079/mo rent. Return on cash invested shows 28.3% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 148.58% and total cumulative return in cash records $58,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,079/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69040, Palisade, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 304 (100%) |
| Owner Occupied HU | 172 (56.6%) |
| Renter Occupied HU | 60 (19.7%) |
| Vacant Housing Units | 72 (23.7%) |
| Median Home Value | $180,556 |
| Average Home Value | $225,102 |
Housing Distribution
Address Breakdown
Residential
139
Single Family
139
Multi-Family
0
Businesses
32
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