1306-1308 W 40th StKearneyNE68845
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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 Kearney at 1306-1308 W 40th St, Kearney, NE, 68845 offers a 5.01% rental yield on a $369,000 purchase with $1,541/mo rent. 58% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 53.59% and total cumulative return in cash at $65,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,541/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68845, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,471 (100%) |
| Owner Occupied HU | 5,062 (53.4%) |
| Renter Occupied HU | 3,801 (40.1%) |
| Vacant Housing Units | 608 ( 6.4%) |
| Median Home Value | $300,740 |
| Average Home Value | $331,883 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,121
Multi-Family
1,075
Businesses
397
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Listed by: Annette Stansbury • Kearney Realty, L.L.C.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250402
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.