1818 8th AveScottsbluffNE69361
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
Investment Highlights
Investment property for sale in Scottsbluff at 1818 8th Ave, Scottsbluff, NE, 69361 uses $47,570 cash to close to unlock $3,076/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,225/mo, and a $702/mo payment keeps the spread at $256/mo. Purchase price stands at $143,500, and rental yield measures 10.24% with $1,225/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $39,646 over five years. Five-year ROI reaches 138.32% and total cumulative return in cash records $65,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,225/mo property income covering a $702/mo payment rather than investor’s personal income.
Single Family
Built in 1926
N/A 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: Linda Dedic • HOME TEAM REALTY INC
Mls Name: SBCMLS
Mls ID: #26892