302 S Ames AveMadridNE69150
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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 Madrid at 302 S Ames Ave, Madrid, NE, 69150 listed at $125,000 pairs $980/mo rent with a $612/mo payment to leave $136/mo cash flow. Total monthly income runs $980/mo, and annual cash flow reaches $1,629/yr on $41,438 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 9.41% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 124.71% and total cumulative return in cash totals $51,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $980/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69150, Madrid, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 220 (100%) |
| Owner Occupied HU | 151 (68.6%) |
| Renter Occupied HU | 42 (19.1%) |
| Vacant Housing Units | 27 (12.3%) |
| Median Home Value | $174,167 |
| Average Home Value | $269,172 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
24
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