1615 15th AveScottsbluffNE69361
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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 1615 15th Ave, Scottsbluff, NE, 69361 earns $137/mo cash flow from $1,319/mo rent with a $857/mo payment. Total monthly income totals $1,319/mo, and annual cash flow totals $1,641/yr on $58,013 capital. ROI tracks 22.74% on current figures, and rental yield reads 9.04% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash sums $68,899. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,319/mo property income instead of your personal income.
Single Family
Built in 1946
0.30 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: Jan Rahmig • GATEWAY REALTY OF SCOTTSBLUFF INC.
Mls Name: SBCMLS
Mls ID: #26525
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.