302 E Main StPetersburgNE68652
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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 Petersburg at 302 E Main St, Petersburg, NE, 68652 generates $1,070/mo in rent and, after a $734/mo payment, leaves $57/mo in cash flow. Total monthly income is $1,070/mo, and annual cash flow is $687/yr on $49,725 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.56% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 111.05% and total cumulative return in cash sums $55,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,070/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68652, Petersburg, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 224 (69.1%) |
| Renter Occupied HU | 57 (17.6%) |
| Vacant Housing Units | 43 (13.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $496,362 |
Housing Distribution
Address Breakdown
Residential
231
Single Family
231
Multi-Family
0
Businesses
35
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Listed by: Esther Irene Kula • O-K Real Estate & Auction Service, Inc.
Mls Name: My State MLS
Mls ID: #11568471