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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$865,000
4 bds3 ba4848sqft
120 N Ridge RdHomerNE68030
1.33%
Gross Yield
-0.52%
ROI
$960/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
Pending
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Homer at 120 N Ridge Rd, Homer, NE, 68030 offers a 1.33% rental yield on a $865,000 purchase with $960/mo rent. 52% in year one. Equity gained on principal adds $5,582/yr while 5% annual appreciation supports $238,984 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $4,234/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68030, Homer, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 352 (100%) |
| Owner Occupied HU | 255 (72.4%) |
| Renter Occupied HU | 74 (21.0%) |
| Vacant Housing Units | 23 ( 6.5%) |
| Median Home Value | $216,860 |
| Average Home Value | $226,657 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved