1301 Newtowne DrCentral CityNE68826
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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 Central City at 1301 Newtowne Dr, Central City, NE, 68826 offers $1,705/mo rent that, after a $1,072/mo payment, leaves $151/mo cash flow. Total monthly income is $1,705/mo, and annual cash flow is $1,812/yr on $72,599 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 9.34% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 117.49% and total cumulative return in cash reaches $85,293. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,705/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1988
2,736 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68826, Central City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,218 (65.5%) |
| Renter Occupied HU | 441 (23.7%) |
| Vacant Housing Units | 200 (10.8%) |
| Median Home Value | $187,015 |
| Average Home Value | $234,423 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,661
Multi-Family
32
Businesses
191
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Listed by: Linda Riblett • Central Realty Inc.
Mls Name: My State MLS
Mls ID: #11460081