1493 275th Highway 20 #21West PtNE68788
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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 West Pt at 1493 275th Highway 20 #21, West Pt, NE, 68788 generates $827/mo in rent, after a $2,691/mo payment. Total monthly income is $827/mo. Return on cash invested sits at 0.92% in year one, and rental yield is 1.8% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 1.74% and total cumulative return in cash sums $3,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $827/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68788, West Point, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,396 (61.5%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 267 (11.8%) |
| Median Home Value | $239,901 |
| Average Home Value | $270,423 |
Housing Distribution
Address Breakdown
Residential
2,004
Single Family
1,906
Multi-Family
98
Businesses
262
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices