251 S Main StCraigNE68019
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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
Investment property for sale in Craig at 251 S Main St, Craig, NE, 68019 earns $113/mo cash flow from $923/mo rent with a $587/mo payment. Total monthly income totals $923/mo, and annual cash flow totals $1,356/yr on $39,780 capital. ROI tracks 23.32% on current figures, and rental yield reads 9.23% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash sums $48,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $923/mo property income instead of your personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68019, Craig, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 153 (66.8%) |
| Renter Occupied HU | 39 (17.0%) |
| Vacant Housing Units | 37 (16.2%) |
| Median Home Value | $265,179 |
| Average Home Value | $396,503 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
11
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