2813-2819 Rodeo Rd.North PlatteNE69101
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2813-2819 Rodeo Rd, North Platte, NE, 69101 in North Platte. Rental yield 6.89%. The 1.28 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $74,596 and $2,487/yr in principal reduction project total return of $85,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 7.1% |
| Monthly Cash Flow | $(273) | $450 |
City averages based on North Platte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,550 |
| Total Monthly Debt Service | $1,716 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1950
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
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
Multi Family
Built in 1950
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69101, North Platte, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,928 (100%) |
| Owner Occupied HU | 7,981 (57.3%) |
| Renter Occupied HU | 4,388 (31.5%) |
| Vacant Housing Units | 1,559 (11.2%) |
| Median Home Value | $201,060 |
| Average Home Value | $239,131 |
Housing Distribution
Address Breakdown
Residential
12,932
Single Family
12,083
Multi-Family
849
Businesses
871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Golden X 2 • COLDWELL BANKER PREFERRED GROUP
Mls Name: Lincoln County BOR (NE)
Mls ID: #25210