1115 E 15th StKearneyNE68847
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1115 E 15th St, Kearney, NE, 68847 in Kearney hard to pass up. The 10.92% gross yield on a $364,999 purchase results in $3,323/mo in rent and $858/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $10,296, five-year appreciation of $100,842, and $3,362/yr in equity build-up combine for a projected total cumulative return of $194,544.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 4.2% |
| Monthly Cash Flow | $858 | $1,450 |
City averages based on Kearney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,323 |
| Total Monthly Debt Service | $2,320 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68847, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 4,782 (58.9%) |
| Renter Occupied HU | 2,902 (35.7%) |
| Vacant Housing Units | 441 ( 5.4%) |
| Median Home Value | $244,004 |
| Average Home Value | $274,412 |
Housing Distribution
Address Breakdown
Residential
8,015
Single Family
7,119
Multi-Family
896
Businesses
1,075
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
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68847, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 4,782 (58.9%) |
| Renter Occupied HU | 2,902 (35.7%) |
| Vacant Housing Units | 441 ( 5.4%) |
| Median Home Value | $244,004 |
| Average Home Value | $274,412 |
Housing Distribution
Address Breakdown
Residential
8,015
Single Family
7,119
Multi-Family
896
Businesses
1,075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices