220 N Alexander AveClay CenterNE68933
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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 Clay Center at 220 N Alexander Ave, Clay Center, NE, 68933 with 5% annual appreciation on a $140,000 basis while $1,552/mo rent supports operations. Total monthly income totals $1,552/mo and a $685/mo payment preserves $598/mo for cash returns. Annual cash flow comes to $7,177/yr on $46,410 deployed, and return on cash invested reaches 35.37% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 13.3%. Five-year ROI measures 186.71% and total cumulative return in cash totals $86,650.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,552/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68933, Clay Center, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 284 (71.7%) |
| Renter Occupied HU | 73 (18.4%) |
| Vacant Housing Units | 39 ( 9.8%) |
| Median Home Value | $166,447 |
| Average Home Value | $201,831 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
405
Multi-Family
8
Businesses
75
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Listed by: Monica Smith • Bergen Real Estate
Mls Name: My State MLS
Mls ID: #11152232