307 3rd StMilfordNE68405
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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 Milford at 307 3rd St, Milford, NE, 68405 uses $58,013 cash to close to unlock $7,281/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,789/mo, and a $857/mo payment keeps the spread at $607/mo. Purchase price stands at $175,000, and rental yield measures 12.27% with $1,789/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 170.89% and total cumulative return in cash records $99,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,789/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68405, Milford, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 893 (65.4%) |
| Renter Occupied HU | 369 (27.0%) |
| Vacant Housing Units | 104 ( 7.6%) |
| Median Home Value | $256,473 |
| Average Home Value | $291,716 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,034
Multi-Family
23
Businesses
87
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