1207 N Main StWest PointNE68788
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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
Investment property for sale in West Point at 1207 N Main St, West Point, NE, 68788 uses $67,924 cash to close to unlock $1,887/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,541/mo, and a $1,003/mo payment keeps the spread at $157/mo. Purchase price stands at $204,900, and rental yield measures 9.02% with $1,541/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 118.54% and total cumulative return in cash records $80,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,541/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1875
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68788, West Point, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,396 (61.5%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 267 (11.8%) |
| Median Home Value | $239,901 |
| Average Home Value | $270,423 |
Housing Distribution
Address Breakdown
Residential
2,004
Single Family
1,906
Multi-Family
98
Businesses
262
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Listed by: Maria Janata • Ortmeier & Associates Inc
Mls Name: GPRMLS
Mls ID: #22528996