104 Deer RdPhillipsNE68865
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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 Phillips at 104 Deer Rd, Phillips, NE, 68865 priced at $125,000 converts $1,223/mo rent into $379/mo cash flow after a $612/mo obligation. Total monthly income equals $1,223/mo, and annual cash flow totals $4,545/yr on $41,438 invested. Return on cash invested prints 30.88% in year one, and rental yield reads 11.74% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 162.42% and total cumulative return in cash sums $67,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,223/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68865, Phillips, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 325 (81.2%) |
| Renter Occupied HU | 45 (11.2%) |
| Vacant Housing Units | 30 ( 7.5%) |
| Median Home Value | $352,344 |
| Average Home Value | $383,954 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
16
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