1500 Apache AveHastingsNE68901
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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 Hastings at 1500 Apache Ave, Hastings, NE, 68901 listed at $227,500 pairs $2,192/mo rent with a $1,114/mo payment to leave $656/mo cash flow. Total monthly income runs $2,192/mo, and annual cash flow reaches $7,875/yr on $75,416 cash to close. Return on cash invested measures 30.35% in year one, and rental yield registers 11.56% at a $227,500 basis. Equity gained on principal adds $1,468/yr, and annual property appreciation at 5% supports $62,854 by year five. Five-year ROI tracks 159.61% and total cumulative return in cash totals $120,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,192/mo property income relative to a $1,114/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
9,417 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Susan Spady • Nebraska Realty Hastings
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251417
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.