102 Switchgrass StGrand IslandNE68803
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
Investment Highlights
Investment property for sale in Grand Island at 102 Switchgrass St, Grand Island, NE, 68803 listed at $307,000 pairs $1,620/mo rent with a $1,503/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 14.27% in year one, and rental yield registers 6.33% at a $307,000 basis. Equity gained on principal adds $1,981/yr, and annual property appreciation at 5% supports $84,818 by year five. Five-year ROI tracks 73.45% and total cumulative return in cash totals $74,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,503/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1,369 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Utter • Keller Williams Heartland
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20241870
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.