1402 Elm Creek RdPlattsmouthNE68048
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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 Plattsmouth at 1402 Elm Creek Rd, Plattsmouth, NE, 68048 listed at $459,000 pairs $3,126/mo rent with a $2,247/mo payment to leave $26/mo cash flow. Total monthly income runs $3,126/mo, and annual cash flow reaches $312/yr on $152,159 cash to close. Return on cash invested measures 20.11% in year one, and rental yield registers 8.17% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 104.71% and total cumulative return in cash totals $159,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,126/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68048, Plattsmouth, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,885 (100%) |
| Owner Occupied HU | 4,219 (71.7%) |
| Renter Occupied HU | 1,099 (18.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $259,323 |
| Average Home Value | $311,653 |
Housing Distribution
Address Breakdown
Residential
5,393
Single Family
5,215
Multi-Family
178
Businesses
327
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Listed by: Lashell Johnson • NP Dodge RE Sales Inc Sarpy
Mls Name: GPRMLS
Mls ID: #22531511