245 S Brown AveMindenNE68959
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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 Minden at 245 S Brown Ave, Minden, NE, 68959 generates $1,491/mo in rent and, after a $1,055/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,491/mo, and annual cash flow is $426/yr on $71,438 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 8.3% on a $215,500 entry. Equity gained on principal adds $1,391/yr, while 5% annual appreciation builds toward $59,539 over five years. Five-year ROI reaches 106.8% and total cumulative return in cash sums $76,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,491/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68959, Minden, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,757 (100%) |
| Owner Occupied HU | 1,206 (68.6%) |
| Renter Occupied HU | 432 (24.6%) |
| Vacant Housing Units | 119 ( 6.8%) |
| Median Home Value | $223,953 |
| Average Home Value | $261,600 |
Housing Distribution
Address Breakdown
Residential
1,652
Single Family
1,626
Multi-Family
26
Businesses
182
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