164 Cedar Lane DriveNorth PlatteNE69101
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
Investment Highlights
Investment property for sale in North Platte at 164 Cedar Lane Drive, North Platte, NE, 69101 at $340,000 posts ROI 25.5% with $525/mo cash flow from $2,821/mo rent. Total monthly income equals $2,821/mo, and annual cash flow records $6,302/yr on $112,710 to close. Return on cash invested measures 25.5% and rental yield reads 9.96% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 133.6% and total cumulative return in cash totals $150,582.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,821/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi Hinds • GATEWAY REALTY
Mls Name: Lincoln County BOR (NE)
Mls ID: #26350