300 2nd Ave, Shelby, NE, 68662 | 7.88% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1040 sft

2806 31st St, Columbus, NE, 68601

3 Bed
2 Bath
1640 sft

2 S Shore Dr, Columbus, NE, 68601

2 Bed
3 Bath
2880 sft

620 Grant St, Osceola, NE, 68651

3 Bed
2 Bath
1588 sft

3110 14th St, Columbus, NE, 68601

Nearby investment properties with comparable prices

2 Bed
2 Bath
1636 sft

58 W Sandy Ridge Rd, Columbus, NE, 68601

5 Bed
3 Bath
1776 sft

1718 Kozy Dr, Columbus, NE, 68601

4 Bed
2 Bath
2370 sft

914 2nd St, Columbus, NE, 68601

4 Bed
2 Bath
2282 sft

4630 30th St, Columbus, NE, 68601

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,444/mo, and a $1,821/mo payment. Purchase price stands at $372,000, and rental yield measures 7.88% with $2,444/mo rent. Return on cash invested shows 19.24% in year one, and 5% annual appreciation builds toward $102,777 over five years. Five-year ROI reaches 100.03% and total cumulative return in cash records $123,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,821/mo payment rather than investor’s personal income.

Single Family

Built in 1998

0.29 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 68662, Shelby, NE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	530 (100%)
Owner Occupied HU	388 (73.2%)
Renter Occupied HU	78 (14.7%)
Vacant Housing Units	64 (12.1%)
Median Home Value	$240,299
Average Home Value	$257,113