2304 29th StColumbusNE68601
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
Investment Highlights
Rental property for sale in Columbus at 2304 29th St, Columbus, NE, 68601 generates $2,188/mo in rent and, after a $1,542/mo payment, leaves $61/mo in cash flow. Total monthly income is $2,188/mo, and annual cash flow is $728/yr on $104,423 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 8.34% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $112,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelli Novotny • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22518124
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.