1315 E 6th St, Ogallala, NE, 69153 | 6.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ogallala at 1315 E 6th St, Ogallala, NE, 69153 generates $1,764/mo in rent, after a $1,662/mo payment. Total monthly income is $1,764/mo. Return on cash invested sits at 14.27% in year one, and rental yield is 6.24% on a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 73.38% and total cumulative return in cash sums $82,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.

Single Family

Built in 1969

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 69153, Ogallala, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,241 (100%)
Owner Occupied HU	1,831 (56.5%)
Renter Occupied HU	810 (25.0%)
Vacant Housing Units	600 (18.5%)
Median Home Value	$174,053
Average Home Value	$225,806