2619 7th StColumbusNE68601
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
Rental property for sale in Columbus at 2619 7th St, Columbus, NE, 68601 generates $2,244/mo in rent and, after a $1,405/mo payment, leaves $306/mo in cash flow. Total monthly income is $2,244/mo, and annual cash flow is $3,668/yr on $95,141 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 9.38% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $118,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
9,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices