2021 W Leota StNorth PlatteNE69101
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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
Rental property for sale in North Platte at 2021 W Leota St, North Platte, NE, 69101 priced at $414,500 converts $2,370/mo rent into after a $2,029/mo obligation. Total monthly income equals $2,370/mo. Return on cash invested prints 16.16% in year one, and rental yield reads 6.86% against a $414,500 entry. Equity gained on principal adds $2,675/yr, while 5% annual appreciation compiles into $114,519 by year five. Five-year ROI reaches 83.49% and total cumulative return in cash sums $114,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,370/mo property income covering a $2,029/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Judy K Splitt • GREAT PLAINS REALTY
Mls Name: Lincoln County BOR (NE)
Mls ID: #25693