304 W 3rd StAldaNE68810
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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 Alda at 304 W 3rd St, Alda, NE, 68810 uses $71,902 cash to close to unlock $8,987/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,062/mo payment keeps the spread at $749/mo. Purchase price stands at $216,900, and rental yield measures 12.25% with $2,214/mo rent. Return on cash invested shows 32.41% in year one, and 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 170.61% and total cumulative return in cash records $122,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Single Family
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68810, Alda, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 313 (73.5%) |
| Renter Occupied HU | 78 (18.3%) |
| Vacant Housing Units | 35 ( 8.2%) |
| Median Home Value | $262,500 |
| Average Home Value | $307,843 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
342
Multi-Family
0
Businesses
25
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