208 S 2nd StCedar BluffsNE68015
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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 Cedar Bluffs at 208 S 2nd St, Cedar Bluffs, NE, 68015 with 5% annual appreciation on a $215,000 basis while $1,972/mo rent supports operations. Total monthly income totals $1,972/mo and a $1,052/mo payment preserves $520/mo for cash returns. Annual cash flow comes to $6,246/yr on $71,273 deployed, and return on cash invested reaches 28.67% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.01%. Five-year ROI measures 150.59% and total cumulative return in cash totals $107,329.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,972/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1898
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68015, Cedar Bluffs, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 343 (70.6%) |
| Renter Occupied HU | 82 (16.9%) |
| Vacant Housing Units | 61 (12.6%) |
| Median Home Value | $224,432 |
| Average Home Value | $240,991 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
29
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Listed by: Tracy Frans • eXp Realty LLC
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22424843
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.