1555 6th StGeringNE69341
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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 Gering at 1555 6th St, Gering, NE, 69341 earns $26/mo cash flow from $1,366/mo rent with a $971/mo payment. Total monthly income totals $1,366/mo, and annual cash flow totals $316/yr on $65,770 capital. ROI tracks 20.39% on current figures, and rental yield reads 8.26% at a $198,400 purchase. Equity gained on principal adds $1,280/yr, and 5% annual appreciation supports $54,814 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash sums $69,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,366/mo property income instead of your personal income.
Single Family
Built in 1942
7,000 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 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
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