2016 15th StColumbusNE68601
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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 Columbus at 2016 15th St, Columbus, NE, 68601 uses $50,260 cash to close to unlock $1,587/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $1,156/mo, and a $742/mo payment keeps the spread at $132/mo. Purchase price stands at $151,613, and rental yield measures 9.15% with $1,156/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $41,888 over five years. Five-year ROI reaches 120.59% and total cumulative return in cash records $60,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,156/mo property income covering a $742/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
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