2008 2nd AveNebraska CityNE68410
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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 Nebraska City at 2008 2nd Ave, Nebraska City, NE, 68410 offers a 8.18% rental yield on a $239,000 purchase with $1,630/mo rent. Total monthly income registers $1,630/mo, and a $1,170/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $190/yr on $79,229 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 104.86% and total cumulative return in cash at $83,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,630/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68410, Nebraska City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,784 (100%) |
| Owner Occupied HU | 2,395 (63.3%) |
| Renter Occupied HU | 1,077 (28.5%) |
| Vacant Housing Units | 312 ( 8.2%) |
| Median Home Value | $196,554 |
| Average Home Value | $223,164 |
Housing Distribution
Address Breakdown
Residential
3,689
Single Family
3,434
Multi-Family
255
Businesses
439
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Listed by: Janet Palmtag • J.J. PALMTAG, INC.
Mls Name: Nebraska Realtors Outstate
Mls ID: #35455