213 Jefferson AveNorfolkNE68701
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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 Norfolk at 213 Jefferson Ave, Norfolk, NE, 68701 at $155,000 posts ROI 29.79% with $423/mo cash flow from $1,470/mo rent. Total monthly income equals $1,470/mo, and annual cash flow records $5,076/yr on $51,383 to close. Return on cash invested measures 29.79% and rental yield reads 11.38% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 156.55% and total cumulative return in cash totals $80,440.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68701, Norfolk, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,696 (100%) |
| Owner Occupied HU | 8,069 (58.9%) |
| Renter Occupied HU | 4,526 (33.0%) |
| Vacant Housing Units | 1,101 ( 8.0%) |
| Median Home Value | $228,245 |
| Average Home Value | $270,657 |
Housing Distribution
Address Breakdown
Residential
13,819
Single Family
12,218
Multi-Family
1,601
Businesses
1,183
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