1642 Colorado AveAllianceNE69301
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
Rental property for sale in Alliance at 1642 Colorado Ave, Alliance, NE, 69301 priced at $132,201 converts $1,258/mo rent into $365/mo cash flow after a $647/mo obligation. Total monthly income equals $1,258/mo, and annual cash flow totals $4,384/yr on $43,825 invested. Return on cash invested prints 29.91% in year one, and rental yield reads 11.42% against a $132,201 entry. Equity gained on principal adds $853/yr, while 5% annual appreciation compiles into $36,525 by year five. Five-year ROI reaches 157.33% and total cumulative return in cash sums $68,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,258/mo property income covering a $647/mo payment, not borrower’s personal income.
Single Family
Built in 1981
7,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69301, Alliance, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,750 (59.9%) |
| Renter Occupied HU | 1,226 (26.7%) |
| Vacant Housing Units | 612 (13.3%) |
| Median Home Value | $200,641 |
| Average Home Value | $230,927 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
3,786
Multi-Family
503
Businesses
434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices