115 S 16th StGenevaNE68361
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
Investment property for sale in Geneva at 115 S 16th St, Geneva, NE, 68361 offers a 7.32% rental yield on a $250,000 purchase with $1,526/mo rent. 55% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 90.99% and total cumulative return in cash at $75,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,526/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68361, Geneva, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,202 (100%) |
| Owner Occupied HU | 791 (65.8%) |
| Renter Occupied HU | 268 (22.3%) |
| Vacant Housing Units | 143 (11.9%) |
| Median Home Value | $170,066 |
| Average Home Value | $206,887 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,052
Multi-Family
28
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices