103 E Main St, Murray, NE, 68409 | $289/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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103 E Main St, Murray, NE, 68409 | $289/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Murray at 103 E Main St, Murray, NE, 68409 generates $1,903/mo in rent and, after a $1,170/mo payment, leaves $289/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $3,466/yr on $79,229 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.55% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash sums $100,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.

Single Family

Built in 1890

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming small town living! This 3-bedroom, 2-bathroom home has been completely renovated top to bottom to maintain the beautiful history and the integrity of the home for many years to come. New siding and landscaping (2024), new roof and gutters (2022), all interior has been updated including flooring and drywall throughout, plumbing, electrical, insulation, light fixtures, doors and windows, bathrooms and kitchen. 1 car garage attached with bonus detached garage out back with its own furnace! Perfect for a workshop, home gym, hobby storage or office conversion. The spacious living areas boast 9+ ft ceilings including the tastefully redone kitchen with plenty of cabinetry. Find old world charm sprinkled throughout such as hand carved original trim, brass door knobs, and cast iron vent covers. All decks have been rebuilt. Enjoy beautiful country views in the welcoming village of Murray. Move-in ready - all you need is your toothbrush! Agent is related to Sellers.

Neighborhood Data

Neighborhood data shown for ZIP Code: 68409, Murray, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	370 (100%)
Owner Occupied HU	275 (74.3%)
Renter Occupied HU	54 (14.6%)
Vacant Housing Units	41 (11.1%)
Median Home Value	$264,394
Average Home Value	$308,355