1480 N 9th StDavid CityNE68632
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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 David City at 1480 N 9th St, David City, NE, 68632 earns $136/mo cash flow from $1,960/mo rent with a $1,322/mo payment. Total monthly income totals $1,960/mo, and annual cash flow totals $1,635/yr on $89,505 capital. ROI tracks 21.74% on current figures, and rental yield reads 8.71% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 113.43% and total cumulative return in cash sums $101,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,960/mo property income instead of your personal income.
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68632, David City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,772 (100%) |
| Owner Occupied HU | 1,097 (61.9%) |
| Renter Occupied HU | 487 (27.5%) |
| Vacant Housing Units | 188 (10.6%) |
| Median Home Value | $206,466 |
| Average Home Value | $241,190 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,522
Multi-Family
78
Businesses
145
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Listed by: Laura Kobza • KOBZA AG AND HOME
Mls Name: Columbus BOR NE
Mls ID: #20240355