1919 2nd AveScottsbluffNE69361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1919 2nd Ave, Scottsbluff, NE, 69361 in Scottsbluff at $238,000 earns $1,636/mo in rent and nets $162/mo after the $1,070/mo payment, a 8.92% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $65,755 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,192/yr in principal paydown, total projected return reaches $92,709.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.5% |
| Monthly Cash Flow | $162 | $450 |
City averages based on Scottsbluff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,636 |
| Total Monthly Debt Service | $1,512 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
7,000 sqft 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
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
Single Family
Built in 1959
7,000 sqft 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: Holli Nelson • HAUN NELSON REAL ESTATE LLC
Mls Name: SBCMLS
Mls ID: #26271
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.