220 N Cherry StNickersonNE68044
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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 Nickerson at 220 N Cherry St, Nickerson, NE, 68044 with 5% annual appreciation on a $180,000 basis while $1,672/mo rent supports operations. Total monthly income totals $1,672/mo and a $881/mo payment preserves $457/mo for cash returns. Annual cash flow comes to $5,478/yr on $59,670 deployed, and return on cash invested reaches 29.09% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 11.15%. Five-year ROI measures 152.87% and total cumulative return in cash totals $91,217.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,672/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68044, Nickerson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 268 (100%) |
| Owner Occupied HU | 208 (77.6%) |
| Renter Occupied HU | 36 (13.4%) |
| Vacant Housing Units | 24 ( 9.0%) |
| Median Home Value | $266,667 |
| Average Home Value | $320,072 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
12
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