1630 Bluff View DrGeringNE69341
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1630 Bluff View Dr, Gering, NE, 69341 in Gering: $2,118/mo in rent, $643/mo net, 11.63% gross yield, all on a $218,500 acquisition. The 2.15 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,368 in value, and $2,012/yr in principal paydown steadily builds equity. Projected total cumulative return: $124,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.5% |
| Monthly Cash Flow | $643 | $450 |
City averages based on Gering market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,118 |
| Total Monthly Debt Service | $1,389 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Guerrero • CHAMPION REALTY LLC
Mls Name: SBCMLS
Mls ID: #26502
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.