121 Spruce St, Clarkson, NE, 68629 | 6.97% Rental Yield

Off market

Ziffy Mortgage

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

Rental property for sale in Clarkson at 121 Spruce St, Clarkson, NE, 68629 priced at $163,600 converts $950/mo rent into after a $801/mo obligation. Total monthly income equals $950/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 6.97% against a $163,600 entry. Equity gained on principal adds $1,056/yr, while 5% annual appreciation compiles into $45,200 by year five. Five-year ROI reaches 85.17% and total cumulative return in cash sums $46,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $950/mo property income covering a $801/mo payment, not borrower’s personal income.

Single Family

Built in 1962

5,640 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 68629, Clarkson, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	565 (100%)
Owner Occupied HU	410 (72.6%)
Renter Occupied HU	83 (14.7%)
Vacant Housing Units	72 (12.7%)
Median Home Value	$111,607
Average Home Value	$191,226