1306 WILLIAM AVENorth PlatteNE69101
Nearby investment properties with comparable rents
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 North Platte at 1306 WILLIAM AVE, North Platte, NE, 69101 uses $86,157 cash to close to unlock $4,872/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,161/mo, and a $1,272/mo payment keeps the spread at $406/mo. Purchase price stands at $259,900, and rental yield measures 9.98% with $2,161/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 133.97% and total cumulative return in cash records $115,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,161/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joy A Epler • COLDWELL BANKER PREFERRED GROUP
Mls Name: Lincoln County BOR (NE)
Mls ID: #26734