307 Chicago AveElsieNE69134
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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 Elsie at 307 Chicago Ave, Elsie, NE, 69134 offers $1,429/mo rent that, after a $1,126/mo payment. Total monthly income is $1,429/mo. Return on cash invested measures 17.95% in year one, and rental yield stands at 7.46% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 93.1% and total cumulative return in cash reaches $70,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,429/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69134, Elsie, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 182 (100%) |
| Owner Occupied HU | 114 (62.6%) |
| Renter Occupied HU | 32 (17.6%) |
| Vacant Housing Units | 36 (19.8%) |
| Median Home Value | $194,444 |
| Average Home Value | $248,706 |
Housing Distribution
Address Breakdown
Residential
82
Single Family
82
Multi-Family
0
Businesses
9
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