1923 6th AveKearneyNE68845
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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 Kearney at 1923 6th Ave, Kearney, NE, 68845 uses $80,555 cash to close to unlock $1,565/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,771/mo, and a $1,189/mo payment keeps the spread at $130/mo. Purchase price stands at $243,000, and rental yield measures 8.75% with $1,771/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $67,136 over five years. Five-year ROI reaches 114.03% and total cumulative return in cash records $91,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,771/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68845, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,471 (100%) |
| Owner Occupied HU | 5,062 (53.4%) |
| Renter Occupied HU | 3,801 (40.1%) |
| Vacant Housing Units | 608 ( 6.4%) |
| Median Home Value | $300,740 |
| Average Home Value | $331,883 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,121
Multi-Family
1,075
Businesses
397
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Listed by: Laurie Riessland • RE/MAX Executives, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250673
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.