2506 Circle DrScottsbluffNE69361
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 Scottsbluff at 2506 Circle Dr, Scottsbluff, NE, 69361 listed at $279,500 pairs $1,020/mo rent with a $1,368/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 8.67% in year one, and rental yield registers 4.38% at a $279,500 basis. Equity gained on principal adds $1,804/yr, and annual property appreciation at 5% supports $77,221 by year five. Five-year ROI tracks 43.36% and total cumulative return in cash totals $40,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $1,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Dedic • Home Team Realty Inc
Mls Name: SBCMLS
Mls ID: #25777
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.