2388 King StSidneyNE69162
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 Sidney at 2388 King St, Sidney, NE, 69162 priced at $250,000 converts $1,990/mo rent into $301/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,990/mo, and annual cash flow totals $3,617/yr on $82,875 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 9.55% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 127.03% and total cumulative return in cash sums $105,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,990/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1981
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69162, Sidney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 2,098 (55.1%) |
| Renter Occupied HU | 1,144 (30.0%) |
| Vacant Housing Units | 569 (14.9%) |
| Median Home Value | $159,970 |
| Average Home Value | $201,314 |
Housing Distribution
Address Breakdown
Residential
3,499
Single Family
3,415
Multi-Family
84
Businesses
464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices