1816 S Harrison StGrand IslandNE68803
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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 Grand Island at 1816 S Harrison St, Grand Island, NE, 68803 listed at $310,000 pairs $1,620/mo rent with a $1,517/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 14.38% in year one, and rental yield registers 6.27% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 73.95% and total cumulative return in cash totals $75,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: Chris Reed • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: Grand Island BOR
Mls ID: #20251067