1712 22nd Ave, Mitchell, NE, 69357 | 7.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,946/mo, and a $1,586/mo payment. Purchase price stands at $324,000, and rental yield measures 7.21% with $1,946/mo rent. Return on cash invested shows 17.2% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 89.08% and total cumulative return in cash records $95,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,946/mo property income covering a $1,586/mo payment rather than investor’s personal income.

Single Family

Built in 1920

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 69357, Mitchell, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,587 (100%)
Owner Occupied HU	1,056 (66.5%)
Renter Occupied HU	347 (21.9%)
Vacant Housing Units	184 (11.6%)
Median Home Value	$200,694
Average Home Value	$250,497