13 Grassland Ridge CtGrantNE69140
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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
Rental property for sale in Grant at 13 Grassland Ridge Ct, Grant, NE, 69140 priced at $450,000 converts $2,174/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,174/mo. Return on cash invested prints 12.95% in year one, and rental yield reads 5.8% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 66.26% and total cumulative return in cash sums $98,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,174/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69140, Grant, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 532 (69.1%) |
| Renter Occupied HU | 135 (17.5%) |
| Vacant Housing Units | 103 (13.4%) |
| Median Home Value | $200,000 |
| Average Home Value | $255,526 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
205
Multi-Family
21
Businesses
121
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