108 W Ridge StSuttonNE68979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sutton at 108 W Ridge St, Sutton, NE, 68979 priced at $229,000 converts $1,373/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,373/mo. Return on cash invested prints 17.17% in year one, and rental yield reads 7.19% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 88.91% and total cumulative return in cash sums $67,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,373/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68979, Sutton, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 554 (68.7%) |
| Renter Occupied HU | 173 (21.5%) |
| Vacant Housing Units | 79 ( 9.8%) |
| Median Home Value | $190,179 |
| Average Home Value | $251,850 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
82
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Nearby investment properties with comparable prices
Listed by: Katie VanderLey • KW Heartland Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22516648
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.