2050 Broadway StMitchellNE69357
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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 Mitchell at 2050 Broadway St, Mitchell, NE, 69357 earns $130/mo cash flow from $1,042/mo rent with a $661/mo payment. Total monthly income totals $1,042/mo, and annual cash flow totals $1,561/yr on $44,753 capital. ROI tracks 23.4% on current figures, and rental yield reads 9.26% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash sums $54,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,042/mo property income instead of your personal income.
Single Family
Built in 1918
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69357, Mitchell, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,056 (66.5%) |
| Renter Occupied HU | 347 (21.9%) |
| Vacant Housing Units | 184 (11.6%) |
| Median Home Value | $200,694 |
| Average Home Value | $250,497 |
Housing Distribution
Address Breakdown
Residential
1,482
Single Family
1,470
Multi-Family
12
Businesses
99
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Listed by: Steven Alvizar • NEBRASKA REALTY
Mls Name: SBCMLS
Mls ID: #26383
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.