1607 W 42nd StScottsbluffNE69361
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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 Scottsbluff at 1607 W 42nd St, Scottsbluff, NE, 69361 offers a 4.13% rental yield on a $287,500 purchase with $990/mo rent. 93% in year one. Equity gained on principal adds $1,855/yr while 5% annual appreciation supports $79,431 over five years. Portfolio math shows five-year ROI at 39.37% and total cumulative return in cash at $37,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $1,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
2.40 Acres 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: Alecia Kraupie • Kraupie's Real Estate & Auctioneers
Mls Name: My State MLS
Mls ID: #11339218