16 Clear LkColumbusNE68601
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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 Columbus at 16 Clear Lk, Columbus, NE, 68601 priced at $355,000 converts $1,908/mo rent into after a $1,738/mo obligation. Total monthly income equals $1,908/mo. Return on cash invested prints 9.82% in year one, and rental yield reads 6.45% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 51.33% and total cumulative return in cash sums $60,408. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.27 Acres lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
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