2303 27th StCentral CityNE68826
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2303 27th St, Central City, NE, 68826 in Central City speaks for itself: 12.64% gross on a $222,000 price, generating $2,338/mo in rent and $838/mo in net income after the $998/mo debt service. DSCR 2.34, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,062 stacks alongside $61,335 in projected five-year appreciation and $2,045/yr in principal reduction. Projected total cumulative return: $138,755.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $838 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $1,411 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1972
8,769 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68826, Central City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,218 (65.5%) |
| Renter Occupied HU | 441 (23.7%) |
| Vacant Housing Units | 200 (10.8%) |
| Median Home Value | $187,015 |
| Average Home Value | $234,423 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,661
Multi-Family
32
Businesses
191
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 1972
8,769 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68826, Central City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,218 (65.5%) |
| Renter Occupied HU | 441 (23.7%) |
| Vacant Housing Units | 200 (10.8%) |
| Median Home Value | $187,015 |
| Average Home Value | $234,423 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,661
Multi-Family
32
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Beltzer • Berkshire Hathaway HomeServices Da-Ly Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250721
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.