2140 Pacific BlvdGeringNE69341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gering at 2140 Pacific Blvd, Gering, NE, 69341 generates $1,660/mo in rent and, after a $979/mo payment, leaves $309/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $3,712/yr on $66,300 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 9.96% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $88,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
8,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69341, Gering, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,149 (66.3%) |
| Renter Occupied HU | 1,208 (25.4%) |
| Vacant Housing Units | 390 ( 8.2%) |
| Median Home Value | $192,538 |
| Average Home Value | $209,248 |
Housing Distribution
Address Breakdown
Residential
4,689
Single Family
4,536
Multi-Family
153
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Newman • CHAMPION REALTY LLC
Mls Name: SBCMLS
Mls ID: #26469
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.