1306 8th AveCentral 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
Investment property for sale in Central city at 1306 8th Ave, Central city, NE, 68826 earns $151/mo cash flow from $1,772/mo rent with a $1,175/mo payment. Total monthly income totals $1,772/mo, and annual cash flow totals $1,812/yr on $79,560 capital. ROI tracks 22.19% on current figures, and rental yield reads 8.86% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 115.78% and total cumulative return in cash sums $92,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,772/mo property income instead of your personal income.
Manufactured
Built in 2006
0.32 Acres lot
$N/A/sqft
No 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: Jessica Colson • Woods Bros Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250354
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.