1229 3rd StFairburyNE68352
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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 Fairbury at 1229 3rd St, Fairbury, NE, 68352 offers a 9.37% rental yield on a $118,000 purchase with $921/mo rent. Total monthly income registers $921/mo, and a $578/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,485/yr on $39,117 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 123.97% and total cumulative return in cash at $48,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $921/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68352, Fairbury, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,521 (100%) |
| Owner Occupied HU | 1,467 (58.2%) |
| Renter Occupied HU | 673 (26.7%) |
| Vacant Housing Units | 381 (15.1%) |
| Median Home Value | $127,344 |
| Average Home Value | $158,988 |
Housing Distribution
Address Breakdown
Residential
2,266
Single Family
2,032
Multi-Family
234
Businesses
235
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Listed by: Wanda Wallman • Expert Realty LLC
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22507799
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.