306 Larimer StRushvilleNE69360
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Rushville at 306 Larimer St, Rushville, NE, 69360 offers $1,054/mo rent that, after a $661/mo payment, leaves $142/mo cash flow. Total monthly income is $1,054/mo, and annual cash flow is $1,705/yr on $44,753 cash. Return on cash invested measures 23.72% in year one, and rental yield stands at 9.37% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 124.12% and total cumulative return in cash reaches $55,549. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,054/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69360, Rushville, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 731 (100%) |
| Owner Occupied HU | 390 (53.4%) |
| Renter Occupied HU | 186 (25.4%) |
| Vacant Housing Units | 155 (21.2%) |
| Median Home Value | $107,500 |
| Average Home Value | $137,526 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
148
Multi-Family
8
Businesses
79
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