307 N 2nd StCookNE68329
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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 Cook at 307 N 2nd St, Cook, NE, 68329 uses $39,747 cash to close to unlock $1,130/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $904/mo, and a $587/mo payment keeps the spread at $94/mo. Purchase price stands at $119,900, and rental yield measures 9.05% with $904/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 118.92% and total cumulative return in cash records $47,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $904/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1890
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68329, Cook, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 225 (74.3%) |
| Renter Occupied HU | 45 (14.9%) |
| Vacant Housing Units | 33 (10.9%) |
| Median Home Value | $197,500 |
| Average Home Value | $224,144 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
14
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Listed by: Landon Hornby • Nebraska Realty
Mls Name: GPRMLS
Mls Provider:
Mls ID: #22523672
Disclaimer: Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Great Plains Regional Multiple Listing Service, Inc.