303 E 2nd StNelighNE68756
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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 Neligh at 303 E 2nd St, Neligh, NE, 68756 uses $57,184 cash to close to unlock $4,433/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $1,534/mo, and a $844/mo payment keeps the spread at $369/mo. Purchase price stands at $172,500, and rental yield measures 10.67% with $1,534/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 145.2% and total cumulative return in cash records $83,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $844/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68756, Neligh, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,032 (100%) |
| Owner Occupied HU | 617 (59.8%) |
| Renter Occupied HU | 266 (25.8%) |
| Vacant Housing Units | 149 (14.4%) |
| Median Home Value | $164,555 |
| Average Home Value | $201,973 |
Housing Distribution
Address Breakdown
Residential
879
Single Family
837
Multi-Family
42
Businesses
147
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Listed by: Robert Uecker • Real Estate Solutions Team
Mls Name: Norfolk BOR
Mls ID: #250579
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.