2221 W Charles StGrand IslandNE68803
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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 Grand Island at 2221 W Charles St, Grand Island, NE, 68803 earns from $1,620/mo rent with a $1,229/mo payment. Total monthly income totals $1,620/mo. ROI tracks 18.82% on current figures, and rental yield reads 7.75% at a $251,000 purchase. Equity gained on principal adds $1,620/yr, and 5% annual appreciation supports $69,347 over five years. Five-year ROI reaches 97.77% and total cumulative return in cash sums $81,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 1961
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68803, Grand Island, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,208 (100%) |
| Owner Occupied HU | 6,412 (57.2%) |
| Renter Occupied HU | 4,268 (38.1%) |
| Vacant Housing Units | 528 ( 4.7%) |
| Median Home Value | $237,446 |
| Average Home Value | $265,258 |
Housing Distribution
Address Breakdown
Residential
11,465
Single Family
10,291
Multi-Family
1,174
Businesses
1,059
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Listed by: Denise Brandenburg • Ross Realty
Mls Name: Grand Island BOR
Mls ID: #20250682