208 E Elm StBloomfieldNE68718
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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 Bloomfield at 208 E Elm St, Bloomfield, NE, 68718 offers $1,096/mo rent that, after a $587/mo payment, leaves $286/mo cash flow. Total monthly income is $1,096/mo, and annual cash flow is $3,432/yr on $39,780 cash. Return on cash invested measures 28.54% in year one, and rental yield stands at 10.96% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 149.82% and total cumulative return in cash reaches $59,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,096/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68718, Bloomfield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 513 (62.0%) |
| Renter Occupied HU | 185 (22.4%) |
| Vacant Housing Units | 129 (15.6%) |
| Median Home Value | $119,746 |
| Average Home Value | $208,231 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
599
Multi-Family
26
Businesses
81
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Listed by: Kendra Suhr • Farmers National Company
Mls Name: My State MLS
Mls ID: #11521766