3011 29th StColumbusNE68601
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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
Investment property for sale in Columbus at 3011 29th St, Columbus, NE, 68601 uses $102,765 cash to close to unlock $4,883/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,517/mo payment keeps the spread at $407/mo. Purchase price stands at $310,000, and rental yield measures 9.68% with $2,500/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 129.06% and total cumulative return in cash records $132,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68601, Columbus, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,039 (100%) |
| Owner Occupied HU | 8,549 (65.6%) |
| Renter Occupied HU | 3,561 (27.3%) |
| Vacant Housing Units | 929 ( 7.1%) |
| Median Home Value | $228,787 |
| Average Home Value | $270,066 |
Housing Distribution
Address Breakdown
Residential
12,759
Single Family
11,781
Multi-Family
978
Businesses
918
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