3006 Avenue DScottsbluffNE69361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3006 Avenue D, Scottsbluff, NE, 69361 in Scottsbluff worth modelling. At $219,500 with a 8.68% gross yield, the $1,588/mo rent leaves $105/mo after the $987/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.61 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $60,644 by year five; $2,022/yr in principal reduction adds further equity. Total projected return: $90,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.5% |
| Monthly Cash Flow | $105 | $450 |
City averages based on Scottsbluff market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,588 |
| Total Monthly Debt Service | $1,395 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1997
8,910 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
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
Single Family
Built in 1997
8,910 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jan R Haun • HAUN NELSON REAL ESTATE LLC
Mls Name: SBCMLS
Mls ID: #26542
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.