1510 16th AveScottsbluffNE69361
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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 Scottsbluff at 1510 16th Ave, Scottsbluff, NE, 69361 generates $1,020/mo in rent and, after a $612/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $2,109/yr on $41,438 invested. Return on cash invested sits at 25% in year one, and rental yield is 9.79% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash sums $54,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
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Listed by: Amy Newman • CHAMPION REALTY LLC
Mls Name: SBCMLS
Mls ID: #26727