120 N Willow StShelbyNE68662
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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
Rental property for sale in Shelby at 120 N Willow St, Shelby, NE, 68662 priced at $184,410 converts $2,552/mo rent into $1,306/mo cash flow after a $903/mo obligation. Total monthly income equals $2,552/mo, and annual cash flow totals $15,676/yr on $61,132 invested. Return on cash invested prints 45.55% in year one, and rental yield reads 16.61% against a $184,410 entry. Equity gained on principal adds $1,190/yr, while 5% annual appreciation compiles into $50,949 by year five. Five-year ROI reaches 241.13% and total cumulative return in cash sums $147,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,552/mo property income covering a $903/mo payment, not borrower’s personal income.
Single Family
Built in 1969
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68662, Shelby, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 388 (73.2%) |
| Renter Occupied HU | 78 (14.7%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $240,299 |
| Average Home Value | $257,113 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
16
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