1421 Avenue DGothenburgNE69138
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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
Rental property for sale in Gothenburg at 1421 Avenue D, Gothenburg, NE, 69138 offers $1,784/mo rent that, after a $1,067/mo payment, leaves $312/mo cash flow. Total monthly income is $1,784/mo, and annual cash flow is $3,743/yr on $72,267 cash. Return on cash invested measures 25.09% in year one, and rental yield stands at 9.82% at a $218,000 entry. Equity gained on principal adds $1,407/yr while 5% annual appreciation compounds into $60,229 by year five. Five-year ROI records 131.34% and total cumulative return in cash reaches $94,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,784/mo property income versus a $1,067/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: Carrie Rickertsen • NEBRASKA REALTY GOTHENBURG
Mls Name: Lincoln County BOR (NE)
Mls ID: #26237