1213 Eldorado RdNorfolkNE68701
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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 Norfolk at 1213 Eldorado Rd, Norfolk, NE, 68701 listed at $484,500 pairs $3,472/mo rent with a $2,371/mo payment to leave $201/mo cash flow. Total monthly income runs $3,472/mo, and annual cash flow reaches $2,408/yr on $160,612 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 8.6% at a $484,500 basis. Equity gained on principal adds $3,126/yr, and annual property appreciation at 5% supports $133,858 by year five. Five-year ROI tracks 111.62% and total cumulative return in cash totals $179,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,472/mo property income relative to a $2,371/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68701, Norfolk, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,696 (100%) |
| Owner Occupied HU | 8,069 (58.9%) |
| Renter Occupied HU | 4,526 (33.0%) |
| Vacant Housing Units | 1,101 ( 8.0%) |
| Median Home Value | $228,245 |
| Average Home Value | $270,657 |
Housing Distribution
Address Breakdown
Residential
13,819
Single Family
12,218
Multi-Family
1,601
Businesses
1,183
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Listed by: Teri Bauer • Re/Max Associates
Mls Name: Norfolk BOR
Mls ID: #250352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.