106 E Kansas StCairoNE68824
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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 Cairo at 106 E Kansas St, Cairo, NE, 68824 priced at $230,000 converts $1,915/mo rent into $362/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,915/mo, and annual cash flow totals $4,339/yr on $76,245 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.99% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 134.12% and total cumulative return in cash sums $102,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68824, Cairo, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 480 (79.3%) |
| Renter Occupied HU | 114 (18.8%) |
| Vacant Housing Units | 11 ( 1.8%) |
| Median Home Value | $266,484 |
| Average Home Value | $292,755 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
35
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