106 N Brown AveMindenNE68959
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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
Investment property for sale in Minden at 106 N Brown Ave, Minden, NE, 68959 offers a 12.76% rental yield on a $259,000 purchase with $2,753/mo rent. Total monthly income registers $2,753/mo, and a $1,268/mo payment leaves $1,004/mo available for distribution. Annual cash flow reaches $12,044/yr on $85,859 to close, and return on cash invested stands at 33.94% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 178.81% and total cumulative return in cash at $153,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,753/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68959, Minden, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,206 (68.6%) |
| Renter Occupied HU | 432 (24.6%) |
| Vacant Housing Units | 119 ( 6.8%) |
| Median Home Value | $223,953 |
| Average Home Value | $261,600 |
Housing Distribution
Address Breakdown
Residential
1,652
Single Family
1,626
Multi-Family
26
Businesses
182
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Listed by: Dawn Thompson • eXp Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250548
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.