107 S State StBassettNE68714
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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 Bassett at 107 S State St, Bassett, NE, 68714 priced at $185,000 converts $1,781/mo rent into $532/mo cash flow after a $905/mo obligation. Total monthly income equals $1,781/mo, and annual cash flow totals $6,387/yr on $61,328 invested. Return on cash invested prints 30.32% in year one, and rental yield reads 11.55% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 159.5% and total cumulative return in cash sums $97,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,781/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68714, Bassett, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 378 (57.4%) |
| Renter Occupied HU | 113 (17.1%) |
| Vacant Housing Units | 168 (25.5%) |
| Median Home Value | $155,556 |
| Average Home Value | $193,611 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
77
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