1610 W 3rd StHastingsNE68901
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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 Hastings at 1610 W 3rd St, Hastings, NE, 68901 uses $51,349 cash to close to unlock $1,514/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,172/mo, and a $758/mo payment keeps the spread at $126/mo. Purchase price stands at $154,900, and rental yield measures 9.08% with $1,172/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 119.46% and total cumulative return in cash records $61,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,172/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1924
7,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68901, Hastings, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,893 (57.2%) |
| Renter Occupied HU | 4,006 (33.3%) |
| Vacant Housing Units | 1,142 ( 9.5%) |
| Median Home Value | $198,659 |
| Average Home Value | $243,707 |
Housing Distribution
Address Breakdown
Residential
11,415
Single Family
10,825
Multi-Family
590
Businesses
1,073
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Listed by: Stacie Widhelm • Keller Williams Heartland
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250351
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.