1801 2nd AveScottsbluffNE69361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1801 2nd Ave, Scottsbluff, NE, 69361 in Scottsbluff is listed at $275,000 and delivers $2,288/mo in rent and $431/mo in net monthly cash flow. The 9.99% yield and 1.85 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $75,977 over five years, and $2,533/yr in principal reduction supplements cash return. Total projected cumulative return: $132,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.5% |
| Monthly Cash Flow | $431 | $450 |
City averages based on Scottsbluff market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,288 |
| Total Monthly Debt Service | $1,748 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1918
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
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
Multi Family
Built in 1918
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SBCMLS
Mls ID: #27247