1110 N Madison StLexingtonNE68850
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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 Lexington at 1110 N Madison St, Lexington, NE, 68850 uses $46,410 cash to close to unlock $1,270/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,051/mo, and a $685/mo payment keeps the spread at $106/mo. Purchase price stands at $140,000, and rental yield measures 9.01% with $1,051/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash records $54,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,051/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1928
9,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
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