240 E 2nd StLeighNE68643
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
Investment property for sale in Leigh at 240 E 2nd St, Leigh, NE, 68643 at $197,900 posts ROI 27.76% with $429/mo cash flow from $1,766/mo rent. Total monthly income equals $1,766/mo, and annual cash flow records $5,151/yr on $65,604 to close. Return on cash invested measures 27.76% and rental yield reads 10.71% at the current $197,900. Equity gained on principal adds $1,277/yr, and 5% annual appreciation supports $54,676 by year five. Five-year ROI prints 145.76% and total cumulative return in cash totals $95,625.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68643, Leigh, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 293 (69.4%) |
| Renter Occupied HU | 73 (17.3%) |
| Vacant Housing Units | 56 (13.3%) |
| Median Home Value | $202,143 |
| Average Home Value | $259,872 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
274
Multi-Family
9
Businesses
37
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