1808 2nd CorsoNebraska CityNE68410
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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
Rental property for sale in Nebraska City at 1808 2nd Corso, Nebraska City, NE, 68410 generates $1,621/mo in rent and, after a $1,125/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,621/mo, and annual cash flow is $825/yr on $76,212 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 8.46% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 109.38% and total cumulative return in cash sums $83,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,621/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68410, Nebraska City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,784 (100%) |
| Owner Occupied HU | 2,395 (63.3%) |
| Renter Occupied HU | 1,077 (28.5%) |
| Vacant Housing Units | 312 ( 8.2%) |
| Median Home Value | $196,554 |
| Average Home Value | $223,164 |
Housing Distribution
Address Breakdown
Residential
3,689
Single Family
3,434
Multi-Family
255
Businesses
439
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Listed by: John Palmtag • J.J. PALMTAG, INC.
Mls Name: Nebraska Realtors Outstate
Mls ID: #34118