1536 Stonewood AveGrand 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
Investment property for sale in Grand Island at 1536 Stonewood Ave, Grand Island, NE, 68803 uses $155,109 cash to close to unlock $882/yr annual cash flow and $73/mo monthly cash flow. Total monthly income runs $3,233/mo, and a $2,290/mo payment keeps the spread at $73/mo. Purchase price stands at $467,900, and rental yield measures 8.29% with $3,233/mo rent. Return on cash invested shows 20.48% in year one, and 5% annual appreciation builds toward $129,272 over five years. Five-year ROI reaches 106.63% and total cumulative return in cash records $165,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $2,290/mo payment rather than investor’s personal income.
Single Family
Built in 2021
9,303 sqft lot
$N/A/sqft
No 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: Brandon Yaw • Rooted Realty Group
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241252
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.