1808 D AveGothenburgNE69138
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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 Gothenburg at 1808 D Ave, Gothenburg, NE, 69138 generates $1,576/mo in rent and, after a $710/mo payment, leaves $597/mo in cash flow. Total monthly income is $1,576/mo, and annual cash flow is $7,158/yr on $48,068 invested. Return on cash invested sits at 34.8% in year one, and rental yield is 13.04% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 183.46% and total cumulative return in cash sums $88,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: Carrie Rickertsen • Nebraska Realty Gothenburg
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251160