1813 Hoover StLexingtonNE68850
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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 Lexington at 1813 Hoover St, Lexington, NE, 68850 with 5% annual appreciation on a $249,900 basis while $2,375/mo rent supports operations. Total monthly income totals $2,375/mo and a $1,223/mo payment preserves $688/mo for cash returns. Annual cash flow comes to $8,251/yr on $82,842 deployed, and return on cash invested reaches 29.87% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 11.4%. Five-year ROI measures 157% and total cumulative return in cash totals $130,058.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,375/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68850, Lexington, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 2,598 (58.7%) |
| Renter Occupied HU | 1,535 (34.7%) |
| Vacant Housing Units | 294 ( 6.6%) |
| Median Home Value | $171,404 |
| Average Home Value | $226,489 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,013
Multi-Family
297
Businesses
430
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Listed by: Timothy Nelson • DORAN POST AND ASSOCIATES
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20241384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.