2677 Monterey DrSidneyNE69162
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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 Sidney at 2677 Monterey Dr, Sidney, NE, 69162 generates $1,787/mo in rent and, after a $1,170/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,787/mo, and annual cash flow is $2,074/yr on $79,229 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 8.97% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 117.62% and total cumulative return in cash sums $93,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69162, Sidney, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 2,098 (55.1%) |
| Renter Occupied HU | 1,144 (30.0%) |
| Vacant Housing Units | 569 (14.9%) |
| Median Home Value | $159,970 |
| Average Home Value | $201,314 |
Housing Distribution
Address Breakdown
Residential
3,499
Single Family
3,415
Multi-Family
84
Businesses
464
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