2390 4th RdPalmerNE68864
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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
Total monthly income runs $1,673/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.18% with $1,673/mo rent. Return on cash invested shows 14.1% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 72.45% and total cumulative return in cash records $78,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,673/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1920
18.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68864, Palmer, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 304 (70.0%) |
| Renter Occupied HU | 72 (16.6%) |
| Vacant Housing Units | 58 (13.4%) |
| Median Home Value | $220,000 |
| Average Home Value | $360,321 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
35
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Listed by: Ruby Sciuga • Nebraska Realty
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250940
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