304 E Monroe AveAmherstNE68812
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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 Amherst at 304 E Monroe Ave, Amherst, NE, 68812 offers a 8.8% rental yield on a $185,000 purchase with $1,356/mo rent. Total monthly income registers $1,356/mo, and a $905/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,287/yr on $61,328 to close, and return on cash invested stands at 22.01% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 114.88% and total cumulative return in cash at $70,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,356/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68812, Amherst, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 319 (100%) |
| Owner Occupied HU | 234 (73.4%) |
| Renter Occupied HU | 62 (19.4%) |
| Vacant Housing Units | 23 ( 7.2%) |
| Median Home Value | $287,500 |
| Average Home Value | $296,058 |
Housing Distribution
Address Breakdown
Residential
233
Single Family
233
Multi-Family
0
Businesses
10
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Listed by: Jordan Colling • RE/MAX Executives, Inc.
Mls Name: REALTORS of Greater Mid-Nebraska MLS
Mls ID: #20250361
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.