23621 Berry StElkhornNE68022
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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 Elkhorn at 23621 Berry St, Elkhorn, NE, 68022 listed at $649,999 pairs $5,057/mo rent with a $3,181/mo payment to leave $339/mo cash flow. Total monthly income runs $5,057/mo, and annual cash flow reaches $4,072/yr on $213,850 cash to close. Return on cash invested measures 21.96% in year one, and rental yield registers 9.34% at a $649,999 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 115.25% and total cumulative return in cash totals $246,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,057/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
10,825 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68022, Elkhorn, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,077 (100%) |
| Owner Occupied HU | 10,356 (64.4%) |
| Renter Occupied HU | 4,280 (26.6%) |
| Vacant Housing Units | 1,441 ( 9.0%) |
| Median Home Value | $469,959 |
| Average Home Value | $514,501 |
Housing Distribution
Address Breakdown
Residential
15,026
Single Family
12,973
Multi-Family
2,053
Businesses
833
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Listed by: Nicole Garden • BHHS Ambassador Real Estate
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22424076
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 2024, Great Plains Regional Multiple Listing Service, Inc.