261 N D StPlatte CenterNE68653
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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 Platte Center at 261 N D St, Platte Center, NE, 68653 uses $39,449 cash to close to unlock $1,570/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $934/mo, and a $582/mo payment keeps the spread at $131/mo. Purchase price stands at $119,000, and rental yield measures 9.42% with $934/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 124.98% and total cumulative return in cash records $49,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $934/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68653, Platte Center, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 242 (72.9%) |
| Renter Occupied HU | 70 (21.1%) |
| Vacant Housing Units | 20 ( 6.0%) |
| Median Home Value | $284,091 |
| Average Home Value | $313,864 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
23
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Listed by: Jacklyn Wiese • BHHS AMBASSADOR REAL ESTATE
Mls Name: Columbus BOR NE
Mls ID: #20250506