230 N 6th AveBurwellNE68823
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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 Burwell at 230 N 6th Ave, Burwell, NE, 68823 uses $49,146 cash to close to unlock $9,018/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $1,753/mo, and a $726/mo payment keeps the spread at $751/mo. Purchase price stands at $148,252, and rental yield measures 14.19% with $1,753/mo rent. Return on cash invested shows 38.26% in year one, and 5% annual appreciation builds toward $40,959 over five years. Five-year ROI reaches 202.05% and total cumulative return in cash records $99,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $726/mo payment rather than investor’s personal income.
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68823, Burwell, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,317 (100%) |
| Owner Occupied HU | 647 (49.1%) |
| Renter Occupied HU | 277 (21.0%) |
| Vacant Housing Units | 393 (29.8%) |
| Median Home Value | $182,870 |
| Average Home Value | $237,852 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
606
Multi-Family
0
Businesses
131
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