103 N 2nd StColonNE68018
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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 Colon at 103 N 2nd St, Colon, NE, 68018 generates $1,005/mo in rent and, after a $612/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $1,929/yr on $41,438 invested. Return on cash invested sits at 24.56% in year one, and rental yield is 9.65% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash sums $53,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1898
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68018, Colon, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 183 (78.2%) |
| Renter Occupied HU | 27 (11.5%) |
| Vacant Housing Units | 24 (10.3%) |
| Median Home Value | $253,409 |
| Average Home Value | $317,049 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
11
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