1642 Platte 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
Investment property for sale in Alliance at 1642 Platte Ave, Alliance, NE, 69301 earns $66/mo cash flow from $2,323/mo rent with a $1,636/mo payment. Total monthly income totals $2,323/mo, and annual cash flow totals $789/yr on $110,820 capital. ROI tracks 20.62% on current figures, and rental yield reads 8.34% at a $334,300 purchase. Equity gained on principal adds $2,157/yr, and 5% annual appreciation supports $92,361 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash sums $119,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,323/mo property income instead of your personal income.
Single Family
Built in 1980
0.32 Acres 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