1409 Lake Shore DrBeatriceNE68310
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
Rental property for sale in Beatrice at 1409 Lake Shore Dr, Beatrice, NE, 68310 offers $1,620/mo rent that, after a $1,811/mo payment. Total monthly income is $1,620/mo. Return on cash invested measures 11.07% in year one, and rental yield stands at 5.25% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 56.28% and total cumulative return in cash reaches $69,029. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.31 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68310, Beatrice, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,878 (100%) |
| Owner Occupied HU | 3,955 (57.5%) |
| Renter Occupied HU | 2,214 (32.2%) |
| Vacant Housing Units | 709 (10.3%) |
| Median Home Value | $184,418 |
| Average Home Value | $212,807 |
Housing Distribution
Address Breakdown
Residential
6,431
Single Family
5,965
Multi-Family
466
Businesses
692
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Nearby investment properties with comparable prices
Listed by: Tessa Mangnall • Quality Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22413264
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.