1400 R StGeringNE69341
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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 Gering at 1400 R St, Gering, NE, 69341 priced at $168,000 pairs $1,363/mo rent with $229/mo cash flow after a $822/mo payment. Total monthly income equals $1,363/mo, and annual cash flow comes to $2,746/yr on $55,692 invested. Return on cash invested is 24.84% in year one, and rental yield stands at 9.74% on a $168,000 basis. Equity gained on principal adds $1,084/yr, and 5% annual appreciation accumulates to $46,415 by year five. Five-year ROI measures 130.02% and total cumulative return in cash reaches $72,413. For financing, Ziffy Mortgage’s DSCR program evaluates $1,363/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
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Listed by: Holli Nelson • Haun Nelson Real Estate LLC
Mls Name: SBCMLS
Mls ID: #25928
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.