1540 S St, Gering, NE, 69341 | 5.44% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gering at 1540 S St, Gering, NE, 69341 generates $1,020/mo in rent, after a $1,101/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 11.88% in year one, and rental yield is 5.44% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 60.52% and total cumulative return in cash sums $45,141. 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 1960

7,700 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 69341, Gering, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,747 (100%)
Owner Occupied HU	3,149 (66.3%)
Renter Occupied HU	1,208 (25.4%)
Vacant Housing Units	390 ( 8.2%)
Median Home Value	$192,538
Average Home Value	$209,248