2218 Alpha StNorth PlatteNE69101
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
Investment property for sale in North Platte at 2218 Alpha St, North Platte, NE, 69101 at $194,000 posts ROI 26% with $326/mo cash flow from $1,637/mo rent. Total monthly income equals $1,637/mo, and annual cash flow records $3,918/yr on $64,311 to close. Return on cash invested measures 26% and rental yield reads 10.13% at the current $194,000. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,599 by year five. Five-year ROI prints 136.28% and total cumulative return in cash totals $87,644.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,637/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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Listed by: Cyndi Banzhaf • GATEWAY REALTY
Mls Name: Lincoln County BOR (NE)
Mls ID: #25796