1502 2nd AveNebraska CityNE68410
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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 Nebraska City at 1502 2nd Ave, Nebraska City, NE, 68410 uses $59,877 cash to close to unlock $3,580/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,518/mo, and a $884/mo payment keeps the spread at $298/mo. Purchase price stands at $180,625, and rental yield measures 10.08% with $1,518/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $49,903 over five years. Five-year ROI reaches 135.69% and total cumulative return in cash records $81,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,518/mo property income covering a $884/mo payment rather than investor’s personal income.
Single Family
Built in 1927
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68410, Nebraska City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,784 (100%) |
| Owner Occupied HU | 2,395 (63.3%) |
| Renter Occupied HU | 1,077 (28.5%) |
| Vacant Housing Units | 312 ( 8.2%) |
| Median Home Value | $196,554 |
| Average Home Value | $223,164 |
Housing Distribution
Address Breakdown
Residential
3,689
Single Family
3,434
Multi-Family
255
Businesses
439
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Listed by: Heidi Bernard • Bernard Real Estate
Mls Name: GPRMLS
Mls ID: #22527047