2003 6th AveKearneyNE68845
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2003 6th Ave, Kearney, NE, 68845 in Kearney is narrow, $53/mo net on $1,538/mo rent after the $989/mo debt service, but the property operates at break-even-plus, not a loss. At $219,900 with a 8.4% yield, the long-run equity case via 5% appreciation ($60,754 over five years) and $2,025/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $87,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.2% |
| Monthly Cash Flow | $53 | $1,450 |
City averages based on Kearney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,538 |
| Total Monthly Debt Service | $1,397 |
| DSCR Ratio | 1.10x |
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 1910
10,454 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
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 1910
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Ohri • American Real Estate & Associates
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250941
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.