201 N Myrtle StHooperNE68031
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
Investment Highlights
Rental property for sale in Hooper at 201 N Myrtle St, Hooper, NE, 68031 priced at $215,000 converts $1,699/mo rent into $247/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,699/mo, and annual cash flow totals $2,970/yr on $71,273 invested. Return on cash invested prints 24.08% in year one, and rental yield reads 9.48% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 125.96% and total cumulative return in cash sums $89,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,699/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsea Dolejs • Dodge County Realty Group
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22418166
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.