1413 Main StPlattsmouthNE68048
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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 1413 Main St, Plattsmouth, NE, 68048 uses $87,848 cash to close to unlock $6,906/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $2,365/mo, and a $1,297/mo payment keeps the spread at $576/mo. Purchase price stands at $265,000, and rental yield measures 10.71% with $2,365/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 145.76% and total cumulative return in cash records $128,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,365/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,276 sqft 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: Chloe Daeges • Better Homes and Gardens R.E.
Mls Name: GPRMLS
Mls ID: #22603251