29 Perch Bay #6ElwoodNE68937
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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 Elwood at 29 Perch Bay #6, Elwood, NE, 68937 generates $0/mo in rent, after a $2,619/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.43% in year one, and rental yield is 0% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7,976 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68937, Elwood, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 637 (51.8%) |
| Renter Occupied HU | 194 (15.8%) |
| Vacant Housing Units | 399 (32.4%) |
| Median Home Value | $289,423 |
| Average Home Value | $322,747 |
Housing Distribution
Address Breakdown
Residential
747
Single Family
747
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jacey Edson • BHA Real Estate
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250447
Disclaimer: 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.