2301 Random RdNorfolkNE68701
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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 Norfolk at 2301 Random Rd, Norfolk, NE, 68701 earns $114/mo cash flow from $4,300/mo rent with a $3,034/mo payment. Total monthly income totals $4,300/mo, and annual cash flow totals $1,367/yr on $203,964 capital. ROI tracks 20.73% on current figures, and rental yield reads 8.32% at a $619,950 purchase. Equity gained on principal adds $4,000/yr, and 5% annual appreciation supports $171,281 over five years. Five-year ROI reaches 107.95% and total cumulative return in cash sums $220,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,300/mo property income instead of your personal income.
Single Family
Built in 1987
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68701, Norfolk, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,696 (100%) |
| Owner Occupied HU | 8,069 (58.9%) |
| Renter Occupied HU | 4,526 (33.0%) |
| Vacant Housing Units | 1,101 ( 8.0%) |
| Median Home Value | $228,245 |
| Average Home Value | $270,657 |
Housing Distribution
Address Breakdown
Residential
13,819
Single Family
12,218
Multi-Family
1,601
Businesses
1,183
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