1621 Memorial DrBroken BowNE68822
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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 Broken Bow at 1621 Memorial Dr, Broken Bow, NE, 68822 uses $80,886 cash to close to unlock $991/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,730/mo, and a $1,194/mo payment keeps the spread at $83/mo. Purchase price stands at $244,000, and rental yield measures 8.51% with $1,730/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $67,413 over five years. Five-year ROI reaches 110.17% and total cumulative return in cash records $89,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,730/mo property income covering a $1,194/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68822, Broken Bow, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,252 (100%) |
| Owner Occupied HU | 1,286 (57.1%) |
| Renter Occupied HU | 690 (30.6%) |
| Vacant Housing Units | 276 (12.3%) |
| Median Home Value | $207,527 |
| Average Home Value | $286,083 |
Housing Distribution
Address Breakdown
Residential
2,197
Single Family
2,030
Multi-Family
167
Businesses
336
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Listed by: Maureen Hunsberger • Ideal Realty, LLC
Mls Name: Nebraska Realtors Outstate
Mls ID: #35884