250 W 1st StNelsonNE68961
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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 Nelson at 250 W 1st St, Nelson, NE, 68961 priced at $200,000 pairs $1,373/mo rent with $22/mo cash flow after a $979/mo payment. Total monthly income equals $1,373/mo, and annual cash flow comes to $268/yr on $66,300 invested. Return on cash invested is 20.31% in year one, and rental yield stands at 8.24% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 105.8% and total cumulative return in cash reaches $70,148. For financing, Ziffy Mortgage’s DSCR program evaluates $1,373/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68961, Nelson, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 297 (66.4%) |
| Renter Occupied HU | 66 (14.8%) |
| Vacant Housing Units | 84 (18.8%) |
| Median Home Value | $123,611 |
| Average Home Value | $244,823 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
46
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Listed by: Nathan Kosse • Little Blue Real Estate and Appraisal
Mls Name: Grand Island BOR
Mls Provider:
Mls ID: #20250173
Disclaimer: 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.