2529 Hancock StBellevueNE68005
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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 Bellevue at 2529 Hancock St, Bellevue, NE, 68005 priced at $218,000 converts $1,966/mo rent into $494/mo cash flow after a $1,067/mo obligation. Total monthly income equals $1,966/mo, and annual cash flow totals $5,927/yr on $72,267 invested. Return on cash invested prints 28.11% in year one, and rental yield reads 10.82% against a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation compiles into $60,229 by year five. Five-year ROI reaches 147.56% and total cumulative return in cash sums $106,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,966/mo property income covering a $1,067/mo payment, not borrower’s personal income.
Single Family
Built in 1941
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68005, Bellevue, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,192 (100%) |
| Owner Occupied HU | 5,413 (53.1%) |
| Renter Occupied HU | 4,219 (41.4%) |
| Vacant Housing Units | 560 ( 5.5%) |
| Median Home Value | $260,894 |
| Average Home Value | $307,798 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
8,334
Multi-Family
1,279
Businesses
743
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Listed by: Michael Ware • Better Homes and Gardens R.E.
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22425198
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. 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. Copyright 2024, Great Plains Regional Multiple Listing Service, Inc.