306 N Kearney AveHarvardNE68944
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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 Harvard at 306 N Kearney Ave, Harvard, NE, 68944 priced at $160,000 converts $1,560/mo rent into $480/mo cash flow after a $783/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $5,756/yr on $53,040 invested. Return on cash invested prints 30.76% in year one, and rental yield reads 11.7% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 161.81% and total cumulative return in cash sums $85,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68944, Harvard, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 370 (65.7%) |
| Renter Occupied HU | 108 (19.2%) |
| Vacant Housing Units | 85 (15.1%) |
| Median Home Value | $197,619 |
| Average Home Value | $241,378 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
24
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