1206 E 31st StKearneyNE68847
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 Kearney at 1206 E 31st St, Kearney, NE, 68847 uses $107,738 cash to close to unlock $2,184/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $2,377/mo, and a $1,591/mo payment keeps the spread at $182/mo. Purchase price stands at $325,000, and rental yield measures 8.78% with $2,377/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 114.49% and total cumulative return in cash records $123,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,377/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1978
6,825 sqft 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