1324 24th AveSidneyNE69162
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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 Sidney at 1324 24th Ave, Sidney, NE, 69162 offers a 11.05% rental yield on a $227,500 purchase with $2,094/mo rent. Total monthly income registers $2,094/mo, and a $1,114/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,392/yr on $75,416 to close, and return on cash invested stands at 28.38% in year one. Equity gained on principal adds $1,468/yr while 5% annual appreciation supports $62,854 over five years. Portfolio math shows five-year ROI at 149.19% and total cumulative return in cash at $112,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,094/mo property income against a $1,114/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69162, Sidney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 2,098 (55.1%) |
| Renter Occupied HU | 1,144 (30.0%) |
| Vacant Housing Units | 569 (14.9%) |
| Median Home Value | $159,970 |
| Average Home Value | $201,314 |
Housing Distribution
Address Breakdown
Residential
3,499
Single Family
3,415
Multi-Family
84
Businesses
464
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Listed by: Jerri Allen • CHAMPION REALTY LLC
Mls Name: SBCMLS
Mls ID: #26655
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.