1924 Freedom DrGrand 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 1924 Freedom Dr, Grand Island, NE, 68803 listed at $304,000 pairs $3,019/mo rent with a $1,488/mo payment to leave $966/mo cash flow. Total monthly income runs $3,019/mo, and annual cash flow reaches $11,593/yr on $100,776 cash to close. Return on cash invested measures 31.41% in year one, and rental yield registers 11.92% at a $304,000 basis. Equity gained on principal adds $1,962/yr, and annual property appreciation at 5% supports $83,990 by year five. Five-year ROI tracks 165.31% and total cumulative return in cash totals $166,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,019/mo property income relative to a $1,488/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.48 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: Jasey Klein • Keller Williams Heartland
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250537
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.