137 S Howard AveMorrillNE69358
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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
Rental property for sale in Morrill at 137 S Howard Ave, Morrill, NE, 69358 offers $1,229/mo rent that, after a $1,067/mo payment. Total monthly income is $1,229/mo. Return on cash invested measures 15.87% in year one, and rental yield stands at 6.77% at a $218,000 entry. Equity gained on principal adds $1,407/yr while 5% annual appreciation compounds into $60,229 by year five. Five-year ROI records 81.94% and total cumulative return in cash reaches $59,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,229/mo property income versus a $1,067/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69358, Morrill, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 551 (64.1%) |
| Renter Occupied HU | 213 (24.8%) |
| Vacant Housing Units | 95 (11.1%) |
| Median Home Value | $182,904 |
| Average Home Value | $215,676 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
628
Multi-Family
0
Businesses
50
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