13802 S 131st StSpringfieldNE68059
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 Springfield at 13802 S 131st St, Springfield, NE, 68059 uses $157,463 cash to close to unlock $6,627/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $3,760/mo, and a $2,325/mo payment keeps the spread at $552/mo. Purchase price stands at $475,000, and rental yield measures 9.5% with $3,760/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 126.18% and total cumulative return in cash records $198,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,760/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1982
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68059, Springfield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,432 (100%) |
| Owner Occupied HU | 1,188 (83.0%) |
| Renter Occupied HU | 182 (12.7%) |
| Vacant Housing Units | 62 ( 4.3%) |
| Median Home Value | $438,567 |
| Average Home Value | $475,562 |
Housing Distribution
Address Breakdown
Residential
1,217
Single Family
1,203
Multi-Family
14
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marie Bartlett • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls ID: #22521124