1405 E 3rd StAllianceNE69301
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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 Alliance at 1405 E 3rd St, Alliance, NE, 69301 offers a 16.04% rental yield on a $103,855 purchase with $1,388/mo rent. Total monthly income registers $1,388/mo, and a $508/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,208/yr on $34,428 to close, and return on cash invested stands at 43.75% in year one. Equity gained on principal adds $670/yr while 5% annual appreciation supports $28,693 over five years. Portfolio math shows five-year ROI at 231.48% and total cumulative return in cash at $79,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,388/mo property income against a $508/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69301, Alliance, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,750 (59.9%) |
| Renter Occupied HU | 1,226 (26.7%) |
| Vacant Housing Units | 612 (13.3%) |
| Median Home Value | $200,641 |
| Average Home Value | $230,927 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
3,786
Multi-Family
503
Businesses
434
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