1622 L StTekamahNE68061
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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 Tekamah at 1622 L St, Tekamah, NE, 68061 generates $1,450/mo in rent, after a $1,052/mo payment. Total monthly income is $1,450/mo. Return on cash invested sits at 19.88% in year one, and rental yield is 8.09% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 103.48% and total cumulative return in cash sums $73,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68061, Tekamah, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 850 (68.8%) |
| Renter Occupied HU | 220 (17.8%) |
| Vacant Housing Units | 166 (13.4%) |
| Median Home Value | $172,965 |
| Average Home Value | $236,959 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,090
Multi-Family
8
Businesses
114
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