15 Ponderosa DrGrand IslandNE68803
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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 Grand Island at 15 Ponderosa Dr, Grand Island, NE, 68803 priced at $645,000 pairs $2,981/mo rent with after a $3,157/mo payment. Total monthly income equals $2,981/mo. Return on cash invested is 11.16% in year one, and rental yield stands at 5.55% on a $645,000 basis. Equity gained on principal adds $4,162/yr, and 5% annual appreciation accumulates to $178,202 by year five. Five-year ROI measures 57.03% and total cumulative return in cash reaches $121,024. For financing, Ziffy Mortgage’s DSCR program evaluates $2,981/mo property income against a $3,157/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1993
0.39 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: Sonya Poland • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250439
Disclaimer: 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.