302 E Park StSmithfieldNE68976
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
Investment Highlights
Investment property for sale in Smithfield at 302 E Park St, Smithfield, NE, 68976 offers a 8.94% rental yield on a $315,000 purchase with $2,346/mo rent. Total monthly income registers $2,346/mo, and a $1,542/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,624/yr on $104,423 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 117.06% and total cumulative return in cash at $122,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,346/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68976, Smithfield, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 86 (100%) |
| Owner Occupied HU | 56 (65.1%) |
| Renter Occupied HU | 10 (11.6%) |
| Vacant Housing Units | 20 (23.3%) |
| Median Home Value | $344,444 |
| Average Home Value | $333,527 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
1
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Listed by: Sandra Cohetero • Go Home Realty
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20251637