2305 23rd PlGothenburgNE69138
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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
Rental property for sale in Gothenburg at 2305 23rd Pl, Gothenburg, NE, 69138 generates $2,082/mo in rent, after a $1,542/mo payment. Total monthly income is $2,082/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.93% 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 100.79% and total cumulative return in cash sums $105,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,082/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69138, Gothenburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,278 (63.9%) |
| Renter Occupied HU | 495 (24.7%) |
| Vacant Housing Units | 228 (11.4%) |
| Median Home Value | $225,862 |
| Average Home Value | $259,689 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,789
Multi-Family
132
Businesses
216
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Listed by: Raelyn Maxwell • Gothenburg Realty Cottonwood Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20240730
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.