303 S Preece StBattle CreekNE68715
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 303 S Preece St, Battle Creek, NE, 68715 in Battle Creek the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $575,000 price is below income-first thresholds, but 5%/yr value growth projects $158,862 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Multi Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68715, Battle Creek, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 499 (82.6%) |
| Renter Occupied HU | 83 (13.7%) |
| Vacant Housing Units | 22 ( 3.6%) |
| Median Home Value | $241,942 |
| Average Home Value | $285,792 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68715, Battle Creek, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 499 (82.6%) |
| Renter Occupied HU | 83 (13.7%) |
| Vacant Housing Units | 22 ( 3.6%) |
| Median Home Value | $241,942 |
| Average Home Value | $285,792 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Norfolk BOR
Mls ID: #260106