1923 McLean StFalls CityNE68355
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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 Falls City at 1923 McLean St, Falls City, NE, 68355 offers a 18.9% rental yield on a $112,000 purchase with $1,764/mo rent. Total monthly income registers $1,764/mo, and a $548/mo payment leaves $1,008/mo available for distribution. Annual cash flow reaches $12,094/yr on $37,128 to close, and return on cash invested stands at 52.48% in year one. Equity gained on principal adds $723/yr while 5% annual appreciation supports $30,944 over five years. Portfolio math shows five-year ROI at 278.29% and total cumulative return in cash at $103,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,764/mo property income against a $548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68355, Falls City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,560 (61.8%) |
| Renter Occupied HU | 614 (24.3%) |
| Vacant Housing Units | 352 (13.9%) |
| Median Home Value | $126,351 |
| Average Home Value | $211,787 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,116
Multi-Family
102
Businesses
252
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Listed by: Steve Simon • Miller-Monroe Co Inc.
Mls Name: Nebraska Realtors Outstate
Mls ID: #34188