217 4th StMeadow GroveNE68752
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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 Meadow Grove at 217 4th St, Meadow Grove, NE, 68752 priced at $109,900 converts $881/mo rent into $139/mo cash flow after a $538/mo obligation. Total monthly income equals $881/mo, and annual cash flow totals $1,665/yr on $36,432 invested. Return on cash invested prints 24.48% in year one, and rental yield reads 9.62% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 128.14% and total cumulative return in cash sums $46,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $881/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1947
10,362 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68752, Meadow Grove, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 263 (74.9%) |
| Renter Occupied HU | 51 (14.5%) |
| Vacant Housing Units | 37 (10.5%) |
| Median Home Value | $238,415 |
| Average Home Value | $290,076 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
19
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Listed by: Michael Proffitt • Great Places Realty
Mls Name: Norfolk BOR
Mls ID: #250382
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.