206 W Florence StBassettNE68714
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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 Bassett at 206 W Florence St, Bassett, NE, 68714 priced at $115,000 converts $1,126/mo rent into $349/mo cash flow after a $563/mo obligation. Total monthly income equals $1,126/mo, and annual cash flow totals $4,191/yr on $38,123 invested. Return on cash invested prints 30.9% in year one, and rental yield reads 11.75% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 162.61% and total cumulative return in cash sums $61,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,126/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68714, Bassett, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 378 (57.4%) |
| Renter Occupied HU | 113 (17.1%) |
| Vacant Housing Units | 168 (25.5%) |
| Median Home Value | $155,556 |
| Average Home Value | $193,611 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
77
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