2302 E 41st StKearneyNE68847
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.74% gross rental yield, 2302 E 41st St, Kearney, NE, 68847 in Kearney is priced for capital growth, not immediate cash flow. The $374,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $103,578 by year five, with $3,453/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.69) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $55,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 4.2% |
| Monthly Cash Flow | $(1,362) | $1,450 |
City averages based on Kearney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,170 |
| Total Monthly Debt Service | $2,382 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
7,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68847, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 4,782 (58.9%) |
| Renter Occupied HU | 2,902 (35.7%) |
| Vacant Housing Units | 441 ( 5.4%) |
| Median Home Value | $244,004 |
| Average Home Value | $274,412 |
Housing Distribution
Address Breakdown
Residential
8,015
Single Family
7,119
Multi-Family
896
Businesses
1,075
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
Single Family
Built in 2025
7,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68847, Kearney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 4,782 (58.9%) |
| Renter Occupied HU | 2,902 (35.7%) |
| Vacant Housing Units | 441 ( 5.4%) |
| Median Home Value | $244,004 |
| Average Home Value | $274,412 |
Housing Distribution
Address Breakdown
Residential
8,015
Single Family
7,119
Multi-Family
896
Businesses
1,075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices