1205 18th StCentral CityNE68826
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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 Central City at 1205 18th St, Central City, NE, 68826 generates $1,025/mo in rent and, after a $646/mo payment, leaves $134/mo in cash flow. Total monthly income is $1,025/mo, and annual cash flow is $1,604/yr on $43,758 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 9.32% on a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation builds toward $36,469 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash sums $53,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,025/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68826, Central City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,218 (65.5%) |
| Renter Occupied HU | 441 (23.7%) |
| Vacant Housing Units | 200 (10.8%) |
| Median Home Value | $187,015 |
| Average Home Value | $234,423 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,661
Multi-Family
32
Businesses
191
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Listed by: Linda Riblett • Central Realty Inc.
Mls Name: My State MLS
Mls ID: #11611685