2303 Madison StBellevueNE68005
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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 Bellevue at 2303 Madison St, Bellevue, NE, 68005 offers a 9.47% rental yield on a $200,000 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $979/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,728/yr on $66,300 to close, and return on cash invested stands at 24.02% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 125.7% and total cumulative return in cash at $83,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68005, Bellevue, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,192 (100%) |
| Owner Occupied HU | 5,413 (53.1%) |
| Renter Occupied HU | 4,219 (41.4%) |
| Vacant Housing Units | 560 ( 5.5%) |
| Median Home Value | $260,894 |
| Average Home Value | $307,798 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
8,334
Multi-Family
1,279
Businesses
743
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