305 Carnes AvePenderNE68047
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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
Rental property for sale in Pender at 305 Carnes Ave, Pender, NE, 68047 priced at $119,950 pairs $914/mo rent with $104/mo cash flow after a $587/mo payment. Total monthly income equals $914/mo, and annual cash flow comes to $1,249/yr on $39,763 invested. Return on cash invested is 23.05% in year one, and rental yield stands at 9.14% on a $119,950 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,140 by year five. Five-year ROI measures 120.54% and total cumulative return in cash reaches $47,931. For financing, Ziffy Mortgage’s DSCR program evaluates $914/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68047, Pender, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 772 (100%) |
| Owner Occupied HU | 552 (71.5%) |
| Renter Occupied HU | 167 (21.6%) |
| Vacant Housing Units | 53 ( 6.9%) |
| Median Home Value | $208,772 |
| Average Home Value | $246,957 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
87
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