131 W 11th StNorth BendNE68649
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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 North Bend at 131 W 11th St, North Bend, NE, 68649 uses $54,035 cash to close to unlock $2,701/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,326/mo, and a $798/mo payment keeps the spread at $225/mo. Purchase price stands at $163,000, and rental yield measures 9.76% with $1,326/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 130.46% and total cumulative return in cash records $70,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,326/mo property income covering a $798/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68649, North Bend, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 612 (66.7%) |
| Renter Occupied HU | 169 (18.4%) |
| Vacant Housing Units | 137 (14.9%) |
| Median Home Value | $319,802 |
| Average Home Value | $369,661 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
614
Multi-Family
14
Businesses
79
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Listed by: Caleb Villwok • Nebraska Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22418351
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.