2202 Madison StBellevueNE68005
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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 Bellevue at 2202 Madison St, Bellevue, NE, 68005 generates $1,903/mo in rent and, after a $1,149/mo payment, leaves $318/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $3,814/yr on $77,803 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.73% on a $234,700 entry. Equity gained on principal adds $1,514/yr, while 5% annual appreciation builds toward $64,843 over five years. Five-year ROI reaches 129.89% and total cumulative return in cash sums $101,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68005, Bellevue, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,192 (100%) |
| Owner Occupied HU | 5,413 (53.1%) |
| Renter Occupied HU | 4,219 (41.4%) |
| Vacant Housing Units | 560 ( 5.5%) |
| Median Home Value | $260,894 |
| Average Home Value | $307,798 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
8,334
Multi-Family
1,279
Businesses
743
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