1404 N Monroe StLexingtonNE68850
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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 Lexington at 1404 N Monroe St, Lexington, NE, 68850 earns $86/mo cash flow from $2,213/mo rent with a $1,542/mo payment. Total monthly income totals $2,213/mo, and annual cash flow totals $1,028/yr on $104,423 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.43% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash sums $113,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,213/mo property income instead of your personal income.
Single Family
Built in 1994
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
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Listed by: Natalie Martinez • Go Home Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250632
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.