1713 Locust StDakota CityNE68731
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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
Investment Highlights
Investment property for sale in Dakota City at 1713 Locust St, Dakota City, NE, 68731 offers a 9.67% rental yield on a $260,000 purchase with $2,095/mo rent. Total monthly income registers $2,095/mo, and a $1,273/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,066/yr on $86,190 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 128.88% and total cumulative return in cash at $111,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,095/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68731, Dakota City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 690 (71.8%) |
| Renter Occupied HU | 226 (23.5%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $207,333 |
| Average Home Value | $212,848 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
543
Multi-Family
0
Businesses
60
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Listed by: Jana Sullivan • Sterling Webb Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825732
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.